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CP 11–5

19 August, 2015 - 14:24

The shareholders’ equity section of Gannon Oilfield Corporation’s balance sheet at December 31, 2016 is shown below.

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Required:

  1. What is the average price received for each issued preferred share?
  2. What is the average price received for each issued common share?
  3. What is the total stated capital of the company?