The following stockholders' equity accounts arranged alphabetically are in the ledger of Orion Corporation at Becentibi 31, 2020 .
Homework Answers
Since the total stakeholder's equity is calculated correctly, I will explain how to calculate book value per share of common stock.
Book value per share of common stock = (Total stakeholder's equity - Amount payable to preferred stock)/Number of common stock share
Book valur per share of common stock = (3,122,200-(480,000/100*110))/(1,200,000/10)
Book value per share of common stock = $21.62 per share
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The following stockholders' equity accounts arranged alphabetically are in the ledger of Orion Corporation at Becentibi 31, 2020 .
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