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Chapter 13 The stockholders equity section of Fauberg Marigny Corporation at December 31 is as...

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Chapter 13 The stockholders equity section of Fauberg Marigny Corporation at December 31 is as follows. FAUBERG MARIGNY CORPORATION Balance Sheet (partial) Instructions From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? (b) Assuming there is a stated value, what is the stated value of the common stock? (c) What is the par value of the preferred stock? (d) If the annual dividend on preferred stock is $18,000, what is the dividend rate on preferred stock? (e) If dividends of $36,000 were in arrears on preferred stock, what would be the balance in Retained Earnings

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