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Chapter 11 Problems A Saved Required information [The following information applies to the questions displayed below.) Part 3

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Answer #1
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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
453000 / 4000 = 113.25
Workings:
Total Stockholders' Equity 530000
Less: Preferred Stock 70000
Less: Preferred Dividends 7000 =70000*5%*2
Stockholders' Equity applicable to Common shares 453000
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