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Thank you for your help!! lted above compare favourably or unfavourably Problem em 17-6A Calculating book value Lo4 ECK FIGURES: Book value per common share

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lted above compare favourably or unfavourably Problem em 17-6A Calculating book value Lo4 ECK FIGURES: Book value per common share mber 31, 2017, University Security CH a. $37.00C. $40.20 Inc, showed the following: University Security Inc. Equity Section of Balance Sheet December 31, 2017 Contributed capital: Coned shares, $4, unlimited shares authorized, 14.000 shares issued and outstanding Common shares, unlimited shares a uthorized, 35.000 shares issued and outstanding* s 308.000 Total contributed capital.... Retained earnings.... Total equity $ 763.000 52.000 All of the shares had been issued early in 2016. Required Part 1: preferred share at December 31, 2017, assuming no divi- dends were declared for the years ended December 31, 2016 or 2017, and that the preferred shares are: a. Cumulative b. Non-cumulative Part 2 (Independent of Part 1): Calculate book value per common share and preferred share at December 31, 2017, assuming total divi- dends of $91,000 were declared and paid in each of the years ended December 31, 2016 and 2017, and that the preferred shares are: c. Cumulative d. Non-cumulative

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