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
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 Par value for the preferred stock?
what is the 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 arrears?
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