Unformatted text preview: ---(25,000)-▒▓▒▓▒ Stock dividend-▒▓▒▓▒-60,000 (90,000)-▒▓▒▓▒ Balance on December 31 500,000 $ ▒▓▒▓▒ ▒▓▒▓▒ 960,000 $ 690,000 $ (160,000) $ ▒▓▒▓▒ Examine the smudged statement of stockholders' equity, and determine the correct reply to each of the following questions: If 10,000 preferred shares were issued, what was the per share par value and issue price? Assuming the preferred dividend reflected a full-year amount at the normal yield, what is the percentage rate associated with preferred stock? What price per share was received for the newly issued common shares? How much was the aggregate price paid for the treasury stock purchase? How many common shares were issued as of the December 31? What was the market price per share on the date of the stock dividend?...
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- Spring '11
- Accounting, investment management company