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delta Delta Tech Corporation's common shares are currently selling on a stock exchange at $56.55 per share, and a recent balance sheet shows the following
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Delta Tech Corporation's common shares are currently selling on a stock exchange at $56.55 per share, and a recent balance sheet shows the following information: Required: Preparation Component: 1. What is the market value of the corporation's common shares? 2. How much capital was contributed by the residual owners of the company? 3. If no dividends are in arrears, what are the book values per share of the preferred shares and the common shares? 4. If two years' preferred dividends are in arrears, what are the book values per share of the preferred shares and the common shares? (Round the final answers to 2 decimal places.) 5-a. If two years' preferred dividends are in arrears and the board of directors declares dividends of $22,750, what total amount wilf be paid to preferred and common shareholders? 5-b. What is the amount of dividends per share for the common shares? (Round the final answer to 3 decimal places.) Step by Step Solution
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