Question

On December 31, 2023, University Security Inc. showed the following: University Security Inc. Equity Section of Balance Sheet December 33, 2023 Contributed capital: Preferred shares, $4.9, unlimited shares authorized, 14,900 shares issued and outstanding Common shares, unlimited shares authorized, 35,900 shares issued and outstanding Total contributed capital Retained earnings Total equity "All of the shares had been issued early in 2022 Required: Part 1: $ 317,000 464,000 $ 781,000 961,000 $1,742,000 Calculate book value per common share and preferred share at December 31, 2023, assuming 50 being paid out in 2022 and $95,500 being paid out in 2023 (the preferred dividends for 2 years are calculated - $95,500 dividends paid, showing $50,520 in arrears).

          On December 31, 2023, University Security Inc. showed the following:
University Security Inc.
Equity Section of Balance Sheet
December 33, 2023
Contributed capital:
Preferred shares, $4.9, unlimited shares authorized,
14,900 shares issued and outstanding
Common shares, unlimited shares authorized, 35,900
shares issued and outstanding
Total contributed capital
Retained earnings
Total equity
"All of the shares had been issued early in 2022
Required:
Part 1:
$ 317,000
464,000
$ 781,000
961,000
$1,742,000
Calculate book value per common share and preferred share at December 31, 2023, assuming 50 being paid out in 2022 and
$95,500 being paid out in 2023 (the preferred dividends for 2 years are calculated - $95,500 dividends paid, showing $50,520 in
arrears).

On December 31, 2023, University Security Inc. showed the following:
University Security Inc.
Equity Section of Balance Sheet
December 33, 2023
Contributed capital:
Preferred shares, 4.9, unlimited shares authorized,
14,900 shares issued and outstanding
Common shares, unlimited shares authorized, 35,900
shares issued and outstanding
Total contributed capital
Retained earnings
Total equity
"All of the shares had been issued early in 2022
Required:
Part 1: 317,000
464,000
781,000
961,0001,742,000
Calculate book value per common share and preferred share at December 31, 2023, assuming 50 being paid out in 2022 and
95,500 being paid out in 2023 (the preferred dividends for 2 years are calculated -95,500 dividends paid, showing 50,520 in
arrears).

Added by Vanesa N.

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