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Book value per share and other computations Shown below is information relating to the stockholders' equity of Silver Waste Management at December 31, 2015: $
Book value per share and other computations Shown below is information relating to the stockholders' equity of Silver Waste Management at December 31, 2015: $ 900,000 8% preferred stock, $150 par, 10,000 shares authorized and 6,000 issued Common stock, $6.50 par, 500,000 shares authorized 400,000 shares issued and outstanding Additional paid-in capital: preferred stock Additional paid in capital: common stock Retained earnings (Assume there are no dividends in arrears) $2.600,000 $132,000 $2.970,000 $1,551,000 (a) Silver's total legal capital at December 31, 2015, is $ (b) The total amount of Silver's paid-in capital at December 31, 2015, is $ ) The average issue price per share of Silver's preferred stock was $ (d) The book value per share of common stock is $_ per share. (e) The balance in Retained Earnings at the beginning of the year was $1,237,500, and net income for 2015 was $1,600,500. What was the amount of dividend declared on each share of common stock during 2015? $_ per share
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