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Consider the following real-world format of shareholders' equity: B (Click the icon to view the data.) (Click the icon to view Note 9.) That company
Consider the following real-world format of shareholders' equity: B (Click the icon to view the data.) (Click the icon to view Note 9.) That company has passed its preferred dividends for three years including the current year. Compute the book value of one of the company's common shares. CUPCAT To compute the book value per common share, begin by computing the company's common equity. Complete the following table: (Use parentheses or a minus sign to indicate a deduction.) Less Common equity Data Contributed capital Share capital (Note 9) 2.600.000 Contributed surplus 17 000 Retained earnings 1,546,000 19.000 Accumulated other comprehensive Income $ 4.182.000 Total shareholders' equity Print Done Note 9 Notes to the Financial Statements 1. W... 9. Share capital Preferred shares, $0.55 cumulative 30.000 shares authorized and outstanding $ 600,000 Common shares. 90,000 shares authorized 2,000,000 50,000 outstanding $ 2,600,000 Total share capital
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