Give me answer A company has 2,500 shares of $100 par preferred stock. It alsohas 20,000 shares of common stock outstanding, and its totalstockholders' equity equals $600,000. The book value percommon share is:a. $17.50.b. $30.00.c. $15.56.d. $26.67.e. $100.00.

Explanation of Preferred Stock: Preferred stock is a class of ownership in a corporation that has a…

Answered: A company has 2,500 shares of $100 par…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 12MC: A corporation issued 100 shares of $100 par value preferred stock for $150 per share. The resulting...

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A company has 2,500 shares of $100 par preferred stock. It also has 20,000 shares of common stock outstanding, and its total stockholders' equity equals $600,000. The book value per common share is: a. $17.50. b. $30.00. c. $15.56. d. $26.67. e. $100.00.
A company has 31,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $393,700, and the par value per common share is $10. The book value per share is: Multiple Choice $10.00. $12.70. $2.70.
A company has the following capital stock outstanding: preferred shares of $15,000, common shares of $30,000, retained earnings of $100,000. Preferred dividends in arrears amount to $5,000. There are 10,000 common shares and 1,000 preferred shares issued. What is the book value one share of preferred stock? a. $12.50 b. $20 c. $105 d. $125
18.
The balance sheet caption for common stock is: Common stock, $10 par value, 7,000,000 shares authorized, 5,700,000 shares issued, and 5,500,000 shares outstanding. a. Calculate the dollar amount that will be presented opposite of this caption. b. Calculate the total amount of a cash dividend of $1.00 per share.c. What accounts for the difference between issued shares and outstanding shares?
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A company has 2,500 shares of $100 par preferred stock. It also has 20,000 shares of common stock outstanding, and its total stockholders' equity equals $600,000. The book value per common share is: a. $17.50. b. $30.00. c. $15.56. d. $26.67. e. $100.00.