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Compute book value per share of common stock

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Reference no: EM132985701

Presented below is the information necessary to compute the net assets and book value per share of common stock for Ahora Advertising , Inc:

Common stock, $5 par, authorized 100,000 shares 450,000

8% cumulative preferred stock, $100 par(callable at $110) $300,000

Additional paid-in-capital 679,200

Retained earning 130,200

Dividends in arrears on preferred stock, 1 full year 24,000

Problem 1: Compute book value per share of common stock

Reference no: EM132985701

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