$113$

Question $5,$ PF$13-40$A $($similar to$)$

HW Score: $24\mathrm{.}92\%,24\mathrm{.}92$ of $100$ points

Part $2$ of $6$

Points: $0\mathrm{.}83$ of $20$

Tilman Comfort Specialists, Inc. reported the following stockholders' equity on its balance sheet at June $30,2024$:

$($Click the icon to view the partial balance sheet.$)$

Read the requirements.

Requirement $1.$ Identify the different classes of stock that Tilman Comfort Specialists has outstanding,

Tilman has preferred stock and common stock outstanding.

Requirement $2.$ What is the par value per share of Tilman Comfort Specialists' preferred stock?

The par value per share of preferred stock is $$

Data table

$\backslash$table$[[$Stockholders$\text{'}$ Equity$],[$Paid$-$In Capital:,,$],[\backslash$table$[[$Preferred Stock$-5\%,?$ Par Value; $750,000$ shares$],[$authorized$,300,000$ shares issued and outstanding$]],$$$,1,200,000$