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Intermediate Accounting II Book Value Problem - 5-lo o Name: Rounding Guidelines Book Value per share answers: 2 decimals PART I: The stockholders' equity section from a corporation's balance sheet appeared as follows: Stockholders' Equity Preferred Stock. 6% cumulative. S 100 par, authorized and Common Stock. $10 par. 15.000 shares authorized and Retained Earnings issued 10,000 shares issued Total stockholders' equity $1.000,000 50.000 1.185,000 Required: Compute the book value per share tor common stock under each of the following assumptions. Show your organized computations on attached paper Book Value Per share Common Assumptions . There are no dividends in arrears on the preterred stock 2. One year's dividends are in arrears on the pref. stock 3.Four year's dividends are in arrears on the pret. stock. 4. Two year's dividends are in arrears and the preferred stock is callable at S110 per share io