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EEEEEEEEEEEE 6. A corporation reports the following year-end stockholders' equity: Paid-in capital: Preferred stock, 8%, 100,000 shares authorized, 50,000 shares issued. S 2.500.000 Paid-in capital

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EEEEEEEEEEEE 6. A corporation reports the following year-end stockholders' equity: Paid-in capital: Preferred stock, 8%, 100,000 shares authorized, 50,000 shares issued. S 2.500.000 Paid-in capital in excess of par, Preferred.. 125,000 Common stock, S1 par, 5,000,000 shares authorized, 4,000,000 shares issued. 4,000,000 Paid-in capital in excess of par, Common 1.200.000 Total paid-in capital S 7,825,000 Retained earnings 10,675.000 Total stockholders' equity $18.500.000 Determine the following: 1. Par value for the preferred stock. II. Book value per share for both preferred stock and common stock assuming no dividends in arrears

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