Book value per share Shown below is information relating to the stockholders' equity section of Earthling, Inc.: 6% cumulative preferred stock, $100 par, callable at $108 $600,000 Common stock, $10 par, 1,000,000 shares authorized 2,000,000 Additional paid-in capital: common stock 3,000,000 Deficit (negative retained earnings) 600,000 Dividends in arrears on pref. Stock, 1 full year ? From the above information, compute the following:
a) Number of shares of preferred stock issued and outstanding
b) Average issue price per share of common stock
c) Total paid-in capital
d) Total stockholders' equity
e) Book value per share of common stock