Exercise 11-16 Book value per share LO A4 The equity section of Cyril Corporation's balance sheet shows the following: Preferred stock-5% Cumulative, $2e par value 10,000 shares issued and outstanding Common stock-$10 par value, 40,000 shares Issued and outstanding Retained earnings Total stockholders' equity $ 200,000 400,000 267,500 $ 867,500 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. Book Value per Common Share Choose Denominator: Choose Numerator - Book Value per Common Share Book value per common share Required 2 > Exercise 11-16 Book value per share LO A4 The equity section of Cyril Corporation's balance sheet shows the following: Preferred stock-5% cumulative, $20 par value, 10,000 shares issued and outstanding Common stock-$10 par value, 40,shares issued and outstanding Retained earnings Total stockholders equity $ 200, eee 400,000 267,500 $ 867,500 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 11 Required Determine the book value per share of the preferred and common stock for three years of preferred dividends are in arrears. Book Value per Common Share Choose Denominator Choose Numerator: Book Value per Common Share Book value per common share