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What is this company's book value? I can't figure out where to plug the preferred into the formulas. Total assets $250 million Total debt $110
What is this company's book value? I can't figure out where to plug the preferred into the formulas.
- Total assets $250 million
- Total debt $110 million
- Preferred stock $ 35 million
- Common stockholders' equity $105 million
- Net profits after taxes $25.5 million
- Number of preferred stock outstanding 1.5 million shares
- Number of common stock outstanding 9 million shares
- Preferred dividends paid $2.5 per share
- Common dividends paid $0.70 per share
- Market price of the preferred stock $32.55 per share
- Market price of the common stock $26.00 per share
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