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[The following information applies to the questions displayed below.] Preferred stock5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 60,000 Common stock$___

[The following information applies to the questions displayed below.]

Preferred stock5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 60,000
Common stock$___ par value, 4,000 shares authorized, issued, and outstanding 160,000
Retained earnings 390,000
Total stockholders' equity $ 610,000

1. What is the current market value (price) of this corporations common stock?

Market price ? per share

2. What are the par values of the corporation's preferred stock and its common stock?

Par Value
Corporation's preferred stock ?
Corporation's common stock

?

3. If no dividends are in arrears, what are the book values per share of the preferred stock and the common stock?

Book Value Per Preferred Share
Choose Numerator: / Choose Denominator: = Book Value Per Preferred Share
Stockholders' equity applicable to preferred shares / Number of preferred shares outstanding = Book value per preferred share
? / ? = ?

Book Value Per Common Share

Choose Numerator: / Choose Denominator: = Book Value Per Common Share
Stockholders' equity applicable to common shares / Number of common shares outstanding = Book value per common share
? / ? = ?

4. If two years' preferred dividends are in arrears, what are the book values per share of the preferred stock and the common stock?

Book Value Per Preferred Share
Choose Numerator: / Choose Denominator: = Book Value Per Preferred Share
Stockholders' equity applicable to preferred shares / Number of preferred shares outstanding = Book value per preferred share
? / ? = ?
Book Value Per Common Share
Choose Numerator: / Choose Denominator: = Book Value Per Common Share
Stockholders' equity applicable to common shares / Number of common shares outstanding = Book value per common share
? / ? = ?

5. If two years preferred dividends are in arrears and the preferred stock is callable at $70 per share, what are the book values per share of the preferred stock and the common stock?

Book Value Per Preferred Share
Choose Numerator: / Choose Denominator: = Book Value Per Preferred Share
Stockholders' equity applicable to preferred shares / Number of preferred shares outstanding = Book value per preferred share
? / ? = ?
Book Value Per Common Share
Choose Numerator: / Choose Denominator: = Book Value Per Common Share
Stockholders' equity applicable to common shares / Number of common shares outstanding = Book value per common share
? / ? = ?

6.1 If two years preferred dividends are in arrears and the board of directors declares cash dividends of $12,200, what total amount will be paid to the preferred and to the common shareholders?

Total amount paid to the preferred shareholders ?
Total amount paid to the common shareholders ?

6.2 What is the amount of dividends per share for the common stock? (Round your answer to two decimal places.)

Dividend per share ?

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