The following table lists the stockholders equity accounts appearing on the balance sheet of a corporation on Dec. 31, 2008. Answer the questions below the table.
Account amount
Common stock, $10 par value $300,000
Paid in capital in excess of par common 270,000
Preferred stock, $50 par value 125,000
Paid in capital in excess of par preferred 30,000
Retained Earnings 225,000
a. how many shares of common stock have been issued?
b what was the average issuance price of the comoon stock?
c how many shares of preferred stock have been issued?
d what was the average issuance price of the preferred stock?
e what is total paid in capital
d what is total stockholders’ equity?
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