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Question 6 [8 points) On December 31, 2014 Star in showed the following (All of the shares had been issued early in 2013) Star Inc

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Question 6 [8 points) On December 31, 2014 Star in showed the following (All of the shares had been issued early in 2013) Star Inc Equity Secton of Balance Sheet December 31, 2014 Contributed capital Preferred shares $4.00 unlimited shares authorized 15.000 shares issued and outstanding 180.000 Common shares unlimited Shares autoned 60,000 shares issued and outstanding 240.000 Total contributed capital 420 000 Retained earnings 390 000 810.000 Total equity a) Calculato book value per common share and preferred share of December 31 2014 assuming no dividonds were declared for the years ended December 31, 2013 and 2014 and the the preferred shares are Preferred shares are non-cumulate Preferred shares are.cumulative Book value per common share Book Vale per common share Book value per preferred share Book value per preferred share b) Calculate book value per common share and preferred share at December 31, 2014, assuming total dividends of $70.000 were declared and paid in each of the years and Decem 31 2013 and 2014 and that the preferred shares are Preferred Shares are non-cumulative Preferred shares are cumulative Book value per common share Book value per common share Book value per preferred share Book vale per preferred share

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