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Reddy Parts Reported the Following Information at December 31, 2015

Question 45

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Reddy Parts reported the following information at December 31, 2015:
Reddy Parts reported the following information at December 31, 2015: Answer the following questions for Reddy Parts by placing the correct response in the space provided. ___________ A How many shares of common stock are issued? ___________ B How many shares of preferred stock are issued? ___________ C How many common shares are outstanding? ___________ D How many preferred shares are outstanding ? ___________ E How many of the common shares will receive dividends if an when they are paid? ___________ F How many of the preferred shares will receive dividends if and when they are paid? Answer the following questions for Reddy Parts by placing the correct response in the space provided.
___________ A How many shares of common stock are issued?
___________ B How many shares of preferred stock are issued?
___________ C How many common shares are outstanding?
___________ D How many preferred shares are outstanding ?
___________ E How many of the common shares will receive dividends if an when they are paid?
___________ F How many of the preferred shares will receive dividends if and when they are paid?

Correct Answer:

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A 20,000 shares
$40,000 Total / $2 Par =...

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