The stockholders equity section of the balance sheet for Mann Equipment Co . at December 3 1
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Question:
The stockholders equity section of the balance sheet for Mann Equipment Co at December Year is as follows.
Stockholders Equity
Paidin capital
Preferred stock, par value, cumulative,
shares authorized, shares issued and outstanding $
Common stock, $ stated value, shares authorized, shares issued and shares outstanding
Paidin capital in excess of parPreferred
Paidin capital in excess of stated valueCommon
Total paidin capital $
Retained earnings
Treasury stock, shares
Total stockholders equity $
Note: The market value per share of the common stock is $ and the market value per share of the preferred stock is $
Required
What is the par value per share of the preferred stock?
What is the dividend per share on the preferred stock?
What is the number of common stock shares outstanding?
What was the average issue price per share price for which the stock was issued of the common stock?
If Mann Equipment Company declared a for stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split?
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