Reference no: EM132543870

The stockholders' equity section of Ahmad Corporation's balance sheet appears as follows:

Stockholders' equity:

preferred stock. Rs 100 Par value, 150, 000, 00, shares authorized Rs 10, 000, 000

Common stock, 10 par value, 10,000,000 shares authorized Rs 10, 000, 000

Additional Paid in capital:

Preferred stock Rs 365,000

Common stock Rs 30,900,000

Total Additional paid-in capital: Rs 31,265,000

Retained earnings Rs 2,780,000

Total stockholders' equity Rs 54,045,000

Instructions On the basis of this information, answer the following questions and show any necessary supporting computations:

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

Question b. What was the average price per share received by the corporation for its common stock?

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

Question d. What is the total annual dividend requirement on the outstanding preferred stock?

Question e. What is the total paid-in capital?

Question f. What is the book value per share of common stock? (Assume no dividends in arrears.)