! Required information Problem 10-4A (Algo) Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below] The stockholders' equity section of Your Nesting Place is presented here. YOUR NESTING PLACE 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 Based on the stockholders' equity section of Your Nesting Place, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4A (Algo) Part 1 Number of shares $5,300 23,000 728,500 756,900 281,000 (250,000) $787,900 D Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Required information
Problem 10-4A (Algo) Analyze the stockholders' equity section (LO10-7)
[The following information applies to the questions displayed below]
The stockholders' equity section of Your Nesting Place is presented here.
YOUR NESTING PLACE
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
Based on the stockholders' equity section of Your Nesting Place, answer the following questions. Remember that all
amounts are presented in thousands.
Problem 10-4A (Algo) Part 1
Number of shares
$5,300
23,000
728,600
756,900
281,000
(250,000)
$787,900
D
Required:
1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)
Transcribed Image Text:! Required information Problem 10-4A (Algo) Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below] The stockholders' equity section of Your Nesting Place is presented here. YOUR NESTING PLACE Balance Sheet (partial) ($ 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 Based on the stockholders' equity section of Your Nesting Place, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4A (Algo) Part 1 Number of shares $5,300 23,000 728,600 756,900 281,000 (250,000) $787,900 D 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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