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

Required information Problem 10-4B (Algo) Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. ($ in thousands) Stockholders' equity: THE SEVENTIES SHOP Balance Sheet (partial) Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity se 14,000 36,400 50,400 47,000 (2,500) $94,900 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that a amounts are presented in thousands. Problem 10-4B (Algo) Part 1 Required: 1. How many shares of preferred stock have been issued? (Enter your answer in total number of shares, not in thousands Number of shares ! Required information Problem 10-4B (Algo) Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. ($ in thousands) Stockholders' equity: THE SEVENTIES SHOP Balance Sheet (partial) Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $8 14,000 36,400 50,400 47,000 (2,500) $94,900 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that a amounts are presented in thousands. Problem 10-4B (Algo) Part 2 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands. Number of shares Saved Required information Problem 10-4B (Algo) Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $0 14,000 36,400 50,400 47,000 (2,500) $94,900 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B (Algo) Part 3 3. Total paid-in capital is $50.40 million. At what average price per share were the common shares issued? Required information Problem 10-4B (Algo) Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. ($ in thousands) Stockholders' equity: THE SEVENTIES SHOP Balance Sheet (partial) Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity 14,000 36,400 50,400 47,000 (2,500) $94,900 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B (Algo) Part 4 4. If retained earnings at the beginning of the period was $40 million and net income during the year was $10,210,000, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).) Dividends poid Required information Problem 10-4B (Algo) Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. ($ in thousands) Stockholders' equity: THE SEVENTIES SHOP Balance Sheet (partial) Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $0 14,000 36,400 50,400 47,000 (2,500) $94,900 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B (Algo) Part 5 5. If the treasury stock was purchased at $20 per share, how many shares were purchased? (Enter your answer in total number shares, not in thousands.) Number of shares Required information Problem 10-4B (Algo) Analyze the stockholders' equity section (LO10-7) [The following Information applies to the questions displayed below] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity se 14,000 36,400 50,400 47,000 (2,500) $94,900 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B (Algo) Part 6 6. How much was the dividend per share? (Hint Dividends are not paid on treasury stock) (Round your answer to 2 decimal place Dividend per share

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