12 Part 1 of 5) eBook Ask Priet Required information. [The following information applies to the questions displayed below.) The stockholders' equity section of Ironworks is presented here. IRONWORKS Balance Sheet (partial) ($ and shares in thousands) Stockholders equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings: Treasury stock, 10,000 common shares Total stockholders' equity $4,500 15,000 363,000 Number of shares 382,500 273,000 (170,000) $485,500 Based on the stockholders' equity section of Ironworks, answer the following questions. Remember that all amounts are s presented in thousands. Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)
12 Part 1 of 5) eBook Ask Priet Required information. [The following information applies to the questions displayed below.) The stockholders' equity section of Ironworks is presented here. IRONWORKS Balance Sheet (partial) ($ and shares in thousands) Stockholders equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings: Treasury stock, 10,000 common shares Total stockholders' equity $4,500 15,000 363,000 Number of shares 382,500 273,000 (170,000) $485,500 Based on the stockholders' equity section of Ironworks, answer the following questions. Remember that all amounts are s presented in thousands. Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Part 1 of 5)
eBook
Ask
Priet
Required information.
[The following information applies to the questions displayed below.)
The stockholders' equity section of Ironworks is presented here.
IRONWORKS
Balance Sheet (partial)
($ and shares in thousands)
Stockholders equity:
Preferred stock, $1 par value
Common stock, $1 par value
Additional paid in capital
Total paid-in capital
Retained earnings
Treasury stock, 10,000 common shares
Total stockholders equity
$4,500
15,000
363,000
382,500
273,000
(170,000)
$485,500
Based on the stockholders' equity section of Ironworks, answer the following questions. Remember that all amounts are
presented in thousands.
Number of shares
Required:
1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)
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