Question: Please Help! Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section

Please Help!
Please Help! Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7)
[The following information applies to the questions displayed below.] The stockholders' equity
section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial)
($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value
Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained

Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity Problem 10-4A Part 1 4,000 10,000 206,000 220,000 268,000 (144,000) $ 344,000 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. $ Number of shares Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity 4,000 10,000 206,000 220,000 268,000 (144,000) $ 344,000 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4A Part 2 2. How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital. Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity Problem 10-4A Part 3 $ 4,000 10,000 206,000 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. per share 220,000 268,000 (144,000) $ 344,000 3. If the common shares were issued at $10 per share, at what average price per share were the preferred shares issued? Preferred shares issued price Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity $ Net income 4,000 10,000 206,000 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. million 220,000 268,000 (144,000) $ 344,000 Problem 10-4A Part 4 4. If retained earnings at the beginning of the period was $230 million and $10 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in million (i.e., 5,000,000 should be entered as 5).) Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity Problem 10-4A Part 5 4,000 10,000 206,000 220,000 268,000 (144,000) Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. $ 344,000 per share 5. What was the average cost per share of the treasury stock acquired? Average cost

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