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I NEED CALCULATION PROCEDURES ! THANK YOU!! book value per share Part III Question 21 and 22 relate to the following data Company reports the
I NEED CALCULATION PROCEDURES ! THANK YOU!!
book value per share
Part III Question 21 and 22 relate to the following data Company reports the following information as of 12/31. 10% cumulative preferred stock, Par value $ 10 and liquidation value $11; 20,000 share authorized and Issued: 10,000 shares outstanding Common stock- authorized 50,000 shares and 40,000 outstanding; $1 par value $100,000 $40,000 $350,000 $230,000 720,000 Additional paid-in-capital Retained Earnings Total Equity 21) The book value per share of common stock is: a) $12.20 b) $12.40 c) $15.25 d) $15.50 22) The book value per share of preferred stock is: a) $22 b) $20 c) $11 d) $10Step by Step Solution
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