The following items were shown on the balance sheet of Bender Corporation on December 31, 2012:…


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The following items were shown on the balance sheet of Bender Corporation on December 31, 2012:… 1 answer below » The following items were shown on the balance sheet of Bender Corporation on December 31, 2012: Shareholders’ equity Share capital $8 noncumulative preferred shares, 25,000 shares authorized, 100,000 shares issued $ 120 Common shares, no par value, 500,000 shares authorized, _______ shares issued Total share capital 1,300 1,420 Retained earnings Total shareholders’ equity 500 1,920 Complete the following statements and show your calculations. a. The number of common shares issued was __________ if the average issue price was $5. b. What was the average issue price for the preferred View complete question » The following items were shown on the balance sheet of Bender Corporation on December 31, 2012: Shareholders’ equity Share capital $8 noncumulative preferred shares, 25,000 shares authorized, 100,000 shares issued $ 120 Common shares, no par value, 500,000 shares authorized, _______ shares issued Total share capital 1,300 1,420 Retained earnings Total shareholders’ equity 500 1,920 Complete the following statements and show your calculations. a. The number of common shares issued was __________ if the average issue price was $5. b. What was the average issue price for the preferred shares? $_____________ Attachments: Q.-Attachment….docx View less » Sep 07 2015 05:38 PM

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