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 preferred dividends, arrears dividends on cumulative preferred 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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- Spring '08
- preferred dividends, B. Equity ratios