Question: Please help with fields in red and all other missing entries. Thanks! Exercise 11-16 Bok value per share LO A4 The equity section of Cyril


Please help with fields in red and all other missing entries. Thanks!
Exercise 11-16 Bok value per share LO A4 The equity section of Cyril Corporation's balance sheet shows the following 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 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Required 1Required 2 Determine the book value per share of the preferred and common stock for no preferred dividends are in arrears ook Value per Common Share ook Value per Common Share Choose Numerator: Choose Denominator: Stockholders' equity applicable to common shares Number of common shares Book value per common share outstandin (567,500) 8 30,000
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