Required information

Problem $10-4$A $($Static$)$ Analyze the stockholders' equity section $($LO$10-7)$

$[$The following information applies to the questions displayed below.$]$

The stockholders' equity section of Velcro World is presented here.

$\backslash$table$[[\backslash$table$[[$VELCRO WORLD$],[$Balance Sheet $($partial$)]],],[\backslash$table$[[($$ and shares in thousands$)],[$Stockholders$\text{'}$ equity:$]],],[$Preferred stock, $$1$ par value,$$6,000,000$