Computation of book value of preferred stock and common

Assignment Help Financial Accounting

Reference no: EM13356661

Computation of book value of preferred stock and common stock.

The stockholders' equity section of a corporation's balance sheet follows:
Preferred stock, $25 par value, 5%, cumulative, 10,000 shares

Authorized, 5,000 shares issued and outstanding $125,000
Contributed capital in excess of par value, Preferred stock 50,000
Common stock, $10 par value, 50,000 shares authorized, 10,000 shares issued and outstanding 100,000
Contributed capital in excess of par value, Common stock 40,000

Retained earnings 95.000
Total stockholders' equity $410,000

Assuming that the preferred stock has a call price of $30 per share and one year of cumulative preferred dividends in arrears, compute the book values per preferred share and per common share:

Book value per preferred share $
Book value per common share $

Reference no: EM13356661

Questions Cloud

Calculation of value of common stock and yield on common : calculation of value of common stock and yield on common stock.1. expected rate of return on a corporate

Calculation of number of stock outstandingthe information : calculation of number of stock outstanding.the information below relates to question no. 2the stockholders equity

What was the average issue price per share of preferred : what was the average issue price per share of preferred stock?7 preferred stock 100 par callable at 105. 50000 shares

Calculation of average issue price of stockthe information : calculation of average issue price of stock.the information below relates to question no. 1the stockholders equity

Computation of book value of preferred stock and common : computation of book value of preferred stock and common stock.the stockholders equity section of a corporations balance

Calculation of total contribution margin and variable costs : calculation of total contribution margin and variable costs analysis1. iacono corporation is a wholesaler that sells a

Calculation of contribution margin and gross margin using : calculation of contribution margin and gross margin using marginal costing.1. monsivais corporation a manufacturing

Computation of break even pointseast publishing company is : computation of break even points.east publishing company is doing an analysis of a proposed new finance textbook. using

Calculation of break even point and degree of operating : calculation of break even point and degree of operating leverage.downes consolidated industries international uses a

User Account

All Pages