At fiscal year end, Dec 31, 2017, ALpha Corporations had total stockholders equity of 2500000. On FY 2017 year end, Alpha Corporation had common stock accound of 1000000 of $10 par value common stock and preferred
At fiscal year end, Dec 31, 2017, ALpha Corporations had total stockholders equity of 2500000. On FY 2017 year
end, Alpha Corporation had common stock accound of 1000000 of $10 par value common stock and preferred stock account of 100000 of $100 par value. There was no treasury stock. The prefereed stock was noncumulative and had a call price of $105. Use this to determine the book value of common stock as of end of the FY 2017