The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 5,600 shares) Retained Earnings Treasury Stock, 1,000 Preferred shares at cost $ 96,000 12,240 537,600 26,000 (9,300) Assume that no shares of treasury stock have been sold in the past. Required: Complete the following statements. (Decreases should be indicated by a minus sign. Round per share to 2 decimal places.) 1. The number of shares of preferred stock issued was 2. The number of shares of preferred stock outstanding was 3. The average issue price of the preferred stock was per share 4. The average issue price of the common stock was 5. The treasury stock transaction increased (decreased) stockholders' equity by 6. The treasury stock cost per share 7. Total stockholders' equity is

K Michael Corporation has the following information as of December 31 of the current year: Common Stock, $1 par value (authorized 16,261 shares) Treasury Stock (2,300 shares at cost) Common Stock Outstanding (2,600 shares) Based on the information above, how many shares of common stock are issued? A. 2,300 OB. 2,600 C. 4,900 D. 16,261 $15,000

The stockholders’ equity section of Day Corporation’s balance sheet at January 1 follows: Common stock, $10 par value, 200,000 shares authorized,27,000 shares   $270,000 issued, 8,000 shares are in the treasury     Additional paid-in capital     In excess of par value $315,000   From treasury stock 18,000 333,000 Retained earnings   298,000     901,000 Less: Treasury stock (8,000 shares) at cost   208,000 Total Stockholders' Equity   $693,000   The following transactions affecting stockholders’ equity occurred during the year: Jan. 8 Issued 10,000 shares of previously unissued common stock for $27 cash per share. Mar. 12 Sold all of the treasury shares for $30 cash per share. June 30 Declared a six percent stock dividend on all outstanding shares of common stock. The market value of the stock was $40 per share. July 10 Issued the stock dividend declared on June 30. Oct. 7 Acquired 1,500 shares of common stock as treasury stock at $32 cash per share.…

The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as follows. Stockholders' Equity Paid-in capital Preferred stock, ? par value, 6% cumulative, 110,000 shares authorized, 41,000 shares issued and outstanding Common stock, $20 stated value, 160,000 shares authorized, 41,000 shares issued and ?? shares outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total paid-in capital Retained earnings Treasury stock, 3,000 shares Total stockholders' equity Note: The market value per share of the common stock is $42, and the market value per share of the preferred stock is $13. 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…