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Other Fields Homework Help Accounting Topic started by: upton on Jun 6, 2017



Title: From the following, determine the book value per share for preferred and common stocks; no dividends ...
Post by: upton on Jun 6, 2017
From the following, determine the book value per share for preferred and common stocks; no dividends are in arrears on the preferred stock.

   Stockholders' Equity
Preferred Stock, 8% cumulative and
   $8 par value, $12 redemption value
   4,000 shares issued and outstanding   $32,000
Common Stock, $1 par value, 30,000 shares
   issued and outstanding   30,000
Retained Earnings   24,000
   ________
   Total Stockholders' Equity   $86,000


Title: Re: From the following, determine the book value per share for preferred and common stocks; no ...
Post by: keytwo on Jun 6, 2017
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