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Unformatted text preview: 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 771 and 772. This section covers perferred dividends, arrears dividends on cumulative preferrred and participating preferred stock. D. On pages 772 and 773 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 04/09/2011 for the course MGMT 351 taught by Professor Staff during the Winter '08 term at Purdue University-West Lafayette.
- Winter '08