Required:
From this information, compute answers to the following questions.
a How many shares of preferred stock have been issued? share
b What is the total amount of the annual dividends paid to preferred stockholders? Round intermediate calculations to decimal
places.
c How many shares of common stock are outstanding?
d What was the average issuance price per share of common stock? Round your answers to decimal places.
e What is the amount of legal capital?
f What is the total amount of paidin capital?
g What is the book value per share of common stock? There are no dividends in arrears.Round your answers to decimal places.
h Assume that retained earnings at the beginning of the year amounted to $ and that net income for the year was $
What was the dividend declared during the year on each share of common stock? Hint: Net income increases retained earnings.
whereas dividends decrease retained earnings.Round your answers to decimal places.
