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The following information is necessary to compute the net assets (stockholders' equity) and book value per share of common stock for Rothchild Corporation: 8% Cumulative

The following information is necessary to compute the net assets (stockholders' equity) and book value per share of common stock for Rothchild Corporation: 8% Cumulative preferred stock $100 par - $200,000 Common Stock, $5 par, autho $100,000 shares issues 60,000 shares - $300,000 Addt paid in capital- $ 452,800 Deficit (negative in retained earnings)- $ 146,800 Dividends in arrears on preferred stock, 1 full year- $16,000 A. Compute the amount of net assets (stockholders' equity). Amount of net assets ? B. Compute the book value per share of common stock. Book value per share

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