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I need calculation procedures !! Thank you !! The follwoing information was taken from W financial statements as Dec 31 Preferred stock-100,000shares authorized,issued and $1,000,000
I need calculation procedures !! Thank you !!The follwoing information was taken from W financial statements as Dec 31
Preferred stock-100,000shares authorized,issued and $1,000,000
Outstanding; $10 par value; $11 liquidation value
Common stock, par value $0.50. Authorized $230,000
1,000,000 shares; issued and outstanding-460,000 shares.
Caital Contributed in excess of par value $4,750,000
Retained Earnings ($500,000)
Treasury stock, at cost (50,000 shares) ($500,000)
Total stockholders' Equity $4,980,000
The book value per share is ???
The following information was taken from W financial statements as of December 31. Preferred stock - 100,000 shares authorized, issued and $1,000,000 Outstanding; $10 par value; $11 liquidation value Common stock, par value $0.50. Authorized $230,000 1,000,000 shares; issued and outstanding - 460,00 shares Capital Contributed in excess of par value $4,750,000 Retained Earnings ($500,000) Treasury stock, at cost (50,000 shares) ($500,000) Total stockholders' Equity $4,980,000 The following information was taken from W financial statements as of December 31. Preferred stock - 100,000 shares authorized, issued and $1,000,000 Outstanding; $10 par value; $11 liquidation value Common stock, par value $0.50. Authorized $230,000 1,000,000 shares; issued and outstanding - 460,00 shares Capital Contributed in excess of par value $4,750,000 Retained Earnings ($500,000) Treasury stock, at cost (50,000 shares) ($500,000) Total stockholders' Equity $4,980,000Step by Step Solution
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