Rodriguez Company has the following partially completed stockholders.eauty section of the 2021 balance sheet. Stockholde

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Rodriguez Company Has The Following Partially Completed Stockholders Eauty Section Of The 2021 Balance Sheet Stockholde 1 (18.63 KiB) Viewed 12 times

Rodriguez Company has the following partially completed stockholders.eauty section of the 2021 balance sheet. Stockholders' Equity 5% Preferred Stock, $195 par value. 13.000 shares issued $2,535,000 Common Stock, $10 par value, 61,000 shares sued 610,000 Additional Paid in Capital 10,391,000 Retained Earnings 1,500,000 Treasury Stock, 3.500 shares at cost 70,000 Total Stockholders' Equity $14,966,000, 45% of the Additional Paid-In Capital resulted from the issuance of common stock in excess of its par value. Required: (a) Calculate the average issuance price per share of common stock. (b) Calculate total legal capital. Average issuance price per share of common stock SO Total legal capital N 07