The stockholders’ equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value $ 4,100 Common stock, $1 par value 11,000 Additional paid-in capital 233,000 Total paid-in capital 248,100 Retained earnings 269,000 Treasury stock, 11,000 common shares (143,000 ) Total stockholders' equity $ 374,100 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 3. If the common shares were issued at $11 per share, at what average price per share were the preferred shares issued?
The stockholders’ equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value $ 4,100 Common stock, $1 par value 11,000 Additional paid-in capital 233,000 Total paid-in capital 248,100 Retained earnings 269,000 Treasury stock, 11,000 common shares (143,000 ) Total stockholders' equity $ 374,100 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 3. If the common shares were issued at $11 per share, at what average price per share were the preferred shares issued?
The stockholders’ equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value $ 4,100 Common stock, $1 par value 11,000 Additional paid-in capital 233,000 Total paid-in capital 248,100 Retained earnings 269,000 Treasury stock, 11,000 common shares (143,000 ) Total stockholders' equity $ 374,100 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 3. If the common shares were issued at $11 per share, at what average price per share were the preferred shares issued?
The stockholders’ equity section of Velcro World is presented here.
VELCRO WORLD
Balance Sheet (partial)
($ and shares in thousands)
Stockholders' equity:
Preferred stock, $1 par value
$
4,100
Common stock, $1 par value
11,000
Additional paid-in capital
233,000
Total paid-in capital
248,100
Retained earnings
269,000
Treasury stock, 11,000 common shares
(143,000
)
Total stockholders' equity
$
374,100
Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands.
3. If the common shares were issued at $11 per share, at what average price per share were the preferred shares issued?
Definition Definition Assets available to stockholders after a company's liabilities are paid off. Stockholders’ equity is also sometimes referred to as owner's equity. A stockholders’ equity or book value generally includes common stock, preferred stock, and retained earnings and is an indicator of a company's financial strength.
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