Problem - Common stock, $?? par value, authorized 30,000 shares issued 20,000 shares; outstanding 9,000 shares .... 27000
Preferred stock, par value $50, authorized 20,000, shares; issued and outstanding, 10,000 ..... 500000
Contributed capital in excess of par, common .... 13000
Contributed capital in excess of par, preferred .... 10000
Contributed capital, treasury stock transactions .... 3000
Retained Earnings .... 326000
Cost of treasury stock, common .... 22000
1. What was the par value of the common stock?
2. What is the number of shares held as treasury stock?
3. If common stock was issued only once, what was the issue price per share?
4. How much did the treasury stock held cost per share?
5. How much is total stockholder's equity?