The equity section of Cyril Corporation's balance sheet shows the following:

*I need to see the formulas with answers

oints The equity section of Cyril Corporation's balance sheet shows the following. Preferred stock-6% cumulative, $25 par value, $30 call price, 250,000 10,000 shares issued and outstanding 800,000 Common stock-$10 par value, 80,000 shares issued and outstanding Retained earnings 535.000 1,585,000 Total stockholders' equity Determine the book value per share ofthe preferred and common stock under two separate situations. 1. No preferred dividends are in arrears