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Mary1884
Mar 3, 2013, 10:19 PM
Accounting question: On the stockholders ezuity section of the balance sheet
preferred stock, $1 par value... $5000
How many shares of preferred stock have been issued? (Do not enter your answer in thousands)

pready
Mar 4, 2013, 07:20 AM
Based on what is posted, simply take your total amount of the account divided by the par value for the preferred stock to get your number of shares issued and outstanding.