Reference no: EM132742151
Question - A corporation reports the following year-end stockholders' equity:
Contributed capital: Preferred stock, 8%, 100,000 shares authorized, 50,000 shares issued $2,500,000
Contributed capital in excess of par, Preferred 125,000
Common stock, $10 par, 500,000 shares Authorized, 400,000 shares issued 4,000,000
Contributed capital in excess of par, Common 1,200,000
Total contributed capital $7,825,000
Retained earnings 10,775,000
Total stockholders' equity $18,600,000
What is the Par value for the preferred stock?
Book value per share for both preferred stock and common stock assuming a call price per share of $52 for preferred and no dividends in areas?
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