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Exercise 11-16 Book value per share LO A4 The equity section of Cyril Corporation's balance...

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Accounting

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Exercise 11-16 Book value per share LO A4 The equity section of Cyril Corporation's balance sheet shows the followingg Preferred stock-6% cumulative, $20 par value, 10,000 shares issued and outstanding $200,000 300,000 267,500 $767,500 Common stock-$10 par value, 30,000 shares issued and outstanding Retained earnings Total stockholders' equity This year's dividends on preferred stock have been paid. Determine the book value per share of common stock under two separate situations 1. No preferred dividends are in arrears 2. Three years of preferred dividends are in arrears Complete this question by entering your answers in the tabs below Required 1 Required 2 Determine the book value per share of the preferred and common stock for no preferred dividends are in arrears Choose Numerator: Choose Denominator: Book Value per Common Share k value per common share

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