This preview shows page 1. Sign up to view the full content.
Unformatted text preview: $ -$ -$ Answers to the specific questions follow: If 10,000 preferred shares were issued, what was the per share par value and issue price? Par value = ; 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?...
View Full Document
This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.
- Spring '11