asked 40.8k views
0 votes
Suppose that series a shareholders paid in capital of $3 million. what is the minimum amount that the company must realize on liquidation in order for the common shareholders to receive $10 per share. assume that there are 1 million shares of common stock and 1 million shares of preferred stock outstanding.

asked
User Aroldo
by
7.5k points

1 Answer

4 votes
$ 3 million + $(10(1+1)million))= $ 23 million
answered
User Andrey Tsarev
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories