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What is the book value per share of the company's common stock?

The company has 1,000 shares of 8% cumulative preferred stock outstanding, with a par value of $100, and liquidation value of $110. The company has 20,000 shares of common atock outstanding, with a par value of $20. The company had retained earnings at the begining of the year of $5,000,000. Net income for the year was $70,000. THis year, for the first time in its jistory, the company paid no dividends on preferred or common stock.

Public Comments

1. Book on preferred is $100, common is $ 20. It's that simple. Former Broker (series 7) , Merrill Lynch member NASD, NYSE, AMEX
2. unless stated that there was additional paid in capitol in excess of par you assume it to be par for the common stock and prefered would always be par value