How much would alance the total stockholders


Kilgore Auto reported the following information at Dec 31, 2004: -preferred stock, 10%, $24 par value, cumulative $60,000 -Common stock, $2.50 par value $10,000 -Additional paid-in capital - Common stock $30,000 -Retained earnings 50,000 Total contibuted capital and retained earnings $150,000 Less: Treasury stock (100 shares common stock at cost) (5,000) Total stockholders' equity $145,000 1. How many shares of common stock are issued? 2. How many shares of prefereed stock are issued? 3. How many shares of common stock are outstanding? 4. what was the average price paid for the treasury shares when the company reaquired them? 5. What is the dividend PER SHARE that preferred shareholders are entitled to when a dividend is declared? 6. what was the average price of common shares when they were issued? 7. if a 45% stock dividend were issued, by how much would alance the total stockholders' equuity balance change?

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Accounting Basics: How much would alance the total stockholders
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