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Book Value Per Share and Other Computations

Question 145

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Book value per share and other computations
Shown below is information relating to the stockholders' equity of Silver Waste Management at December 31,2018:
Book value per share and other computations Shown below is information relating to the stockholders' equity of Silver Waste Management at December 31,2018:    (a)Silver's total legal capital at December 31,2018 is $________. (b)The total amount of Silver's paid-in capital at December 31,2018 is $________. (c)The average issue price per share of Silver's preferred stock was $________. (d)The book value per share of common stock is $________ per share. (e)The balance in Retained Earnings at the beginning of the year was $1,237,500,and net income for 2018 was $1,600,500.What was the amount of dividend declared on each share of common stock during 2018? $________ per share. (a)Silver's total legal capital at December 31,2018 is $________.
(b)The total amount of Silver's paid-in capital at December 31,2018 is $________.
(c)The average issue price per share of Silver's preferred stock was $________.
(d)The book value per share of common stock is $________ per share.
(e)The balance in Retained Earnings at the beginning of the year was $1,237,500,and net income for 2018 was $1,600,500.What was the amount of dividend declared on each share of common stock during 2018? $________ per share.

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(a)$900,000 + $2,600,000 = $3,500,000 to...

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