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.

Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are

presented in thousands.

Problem $10-4$A $($Static$)$ Part $3$

If the common shares were issued at $$30$ per share, at what average price per share were the preferred shares issued?

Answer is complete but not entirely correct.