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Prefered stock, 4% cumulative $100 par $100,000paid in capital in excess of par- prefered 55,000common stock $50 par 250,000paid-in- capital in excess of par- common 235,000retained earnings 455,300treasury stock at cost 700 shares 96,000
compute the followinga:- 1: # of share of common stock outstanding2: # of shares of prefered stock outstanding3: average issue price of common stock4: Ave. issue price of prefered stock
b: how many shares of common stock would be outstanding if victory declares a 4 for 1 stock splitc: complete the part without the stock split in part b. prepare the journal entry if the board of directors declared and distributed a 15% stock dividends on the common stock when market price was $130 per share
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