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Required information [The following information applies to the questions displayed below) 15 The stockholders' equity...

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Accounting

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Required information [The following information applies to the questions displayed below) 15 The stockholders' equity section of Velcro World is presented here. ok VELCRO WORLD Balance sheet (partial) (s and shares in thousands) Stockholders' equity! Preferred stock, $1 par value Comon stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity 5,600 26,000 902,000 933,600 284,000 (280,000) $ 937,600 ences 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 $26 per share, at what average price per share were the preferred shares Issued? Praforred shares issued price por share

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