Question: No.5 (i) Presented below is the information necessary to compute the net assets and book value per share of common stock for Ahora Advertising, Inc:

 No.5 (i) Presented below is the information necessary to compute the

No.5 (i) Presented below is the information necessary to compute the net assets and book value per share of common stock for Ahora Advertising, Inc: 8% cumulative preferred stock, $100 par(callable at $110) $300,000 Common stock, $5 par, authorized 100,000 shares 450,000 Additional paid-in-capital 679,200 Retained earning 130,200 Dividends in arrears on preferred stock, 1 full year 24,000 Compute: book value per share of common stock(marks 6)

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