Problem 8-25A (Algo) Analyzing the stockholders' equity section of the balance sheet LO 8-2, 8-4, 8-5, 8-7 The stockhold
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Problem 8-25A (Algo) Analyzing the stockholders' equity section of the balance sheet LO 8-2, 8-4, 8-5, 8-7 The stockhold
ces Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? c. What is the number of common stock shares outstanding? d. What was the average issue price per share (price for which the stock was issued) of the common stock? f. If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split?
Req A to D Req F a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? (Round your answer to 2 decimal places.) c.What is the number of common stock shares outstanding? d.What was the average issue price per share (price for which the stock was issued) of the common stock? (Round your answer to nearest whole dollar.) Show less A a. Par value per share- per share: b. Dividend C Common stock shares d Average issue price per share:
Req A to D Req F If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split? Answer Shares outstanding after the split shares Amount transferred from retained earnings Market price of common stock after split per share