What is the book value one share of preferred

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Question 1: A company has the following capital stock outstanding: preferred shares of $15,000, common shares of $30,000, retained earnings of $100,000. Preferred dividends in arrears amount to $5,000. There are 10,000 common shares and 1,000 preferred shares issued. What is the book value one share of preferred stock?

a. $12.50

b. $20

c. $105

d. $125

Reference no: EM132506086

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