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Question 17 of 19 0/11 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. At December 31. Splish Brothers Inc.

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Question 17 of 19 0/11 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. At December 31. Splish Brothers Inc. has total stockholders equity of $3.140,000. Included in this total are preferred stock $492.000 and paid-in capital in excess of par-preferred stock $51600. There are 10,400 shares of $50 par value, 8% cumulative preferred stock outstanding At year-end, 184,000 shares of common stock are outstanding Compute the book value per share of common stock under each of the following assumptions. (Round answers to 2 decimal places, 13. 15.25 (a) There are no preferred dividends in arrears, and the preferred stock does not have a call price. Preferred dividends are one year in arrears, and the preferred stock has a call price of $60 per share (b) (a) (b) Book value per share $ 14.11 13 88 e Textbook and Media Save for Later Attempts: 1 of 10 used Submit

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