Reference no: EM133001994
Waterway Industries had the following information in its financial statements for the years ended 2020 and 2021:
Cash dividends for the year 2021 $ 10000
Net income for the year ended 2021 92500
Market price of stock, 12/31/20 9
Market price of stock, 12/31/21 11
Common stockholders' equity, 12/31/20 1586000
Common stockholders' equity, 12/31/21 1980000
Outstanding shares, 12/31/21 156000
Preferred dividends for the year ended 2021 15000
Problem 1: What is the book value per share for Waterway Industries for the year ended 2021?