Unformatted text preview: 2. Payout: Cash dividends Net income - Preferred dividends 3. Book value per share: Common stockholders ' equity Outstanding shares C. Allocating dividends between classes of stock is explained and illustrated on pages 755 and 756. This section covers perferred dividends, arrears dividends on cumulative preferrred and participating preferred stock. D. On pages 756 and 757 calculations of book value and book value per share for situations involving preferred in arrears, cumulative and participating preferred. 1...
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This note was uploaded on 12/04/2009 for the course MGMT 351 taught by Professor Staff during the Spring '08 term at Purdue.
- Spring '08