Question

Preferred Stock Feb. 1 51,500 shares x $54 = $2,781,000 July 1 67,000 shares x $58 = $3,886,000 Common Stock Feb. 1 51,500 shares x $50 = $2,575,000 July 1 67,000 shares x $50 = $3,350,000 Paid-in Capital in Excess of Par-Preferred Stock Feb. 1 $2,781,000 - $2,575,000 = $206,000 July 1 $3,886,000 - $3,350,000 = $536,000

Name: preferred stock feb 1 51500 shares x 54 2781000 july 1 67000 shares x 58 3886000 common stock feb 1 51500 shares x 50 2575000 july 1 67000 shares x 50 3350000 paid in capital in excess of pa 01222
Uploaded: 2023-08-05T17:53:52-08:00
Duration: 2 min 17 s
Channel: Akash M
Description: preferred stock feb 1 51500 shares x 54 2781000 july 1 67000 shares x 58 3886000 common stock feb 1 51500 shares x 50 2575000 july 1 67000 shares x 50 3350000 paid in capital in excess of pa 01222

          Preferred Stock
Feb. 1
51,500 shares x $54 = $2,781,000
July 1
67,000 shares x $58 = $3,886,000

Common Stock
Feb. 1
51,500 shares x $50 = $2,575,000
July 1
67,000 shares x $50 = $3,350,000

Paid-in Capital in Excess of Par-Preferred Stock
Feb. 1
$2,781,000 - $2,575,000 = $206,000
July 1
$3,886,000 - $3,350,000 = $536,000

preferred stock feb 1 51500 shares x 54 2781000 july 1 67000 shares x 58 3886000 common stock feb 1 51500 shares x 50 2575000 july 1 67000 shares x 50 3350000 paid in capital in excess of pa 01222

Added by Michael M.

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