Common Stock Flashcards
1
Q
Book value of common stock
A
Add up all the equity items (preferred stock at book value) - preferred stock (at settlement value) - Preferred dividends then / by number of common shares outstanding
2
Q
Quasi-reorganization
A
alternative to bankruptcy in some cases. Allows for a fresh start and at new more conservative asset values.
3
Q
Advice for this section
A
In the question be careful when reading about total value and or total shares outstanding.
