Reference no: EM132563553

Melba Corporation is a publicly owned company. The following information is excerpted from a recent balance sheet. Dollar amounts (except for per share amounts) are stated in thousands.

Convertible $12 preferred stock, no par

value, 1,000,000 shares authorized; 240,000 shares

issued and outstanding; $200 per share liquidation

preference (call price)................................................................................. $ 48,000

Common stock, par value $2; 50,000,000 shares

authorized ................................................................................................. 5,260

Additional paid-in capital................................................................................... 72,340

Retained earnings ............................................................................................ 47,240

Total stockholders' equity .......................................................................... $172,840

Required:

Question a. How many shares of preferred stock have been issued?

Question b. What is the total amount of the annual dividends paid to preferred stockholders?

Question c. What is the total amount of paid-in capital?

Question d. What is the book value per share of common stock?

Question e. What is the book value per share of preferred stock?

Question f. Prepare the Shareholder's equity with PROPER presentation?