Dividend Allocations Situation 1 Nguyen Company has the following stock outstanding: Common Stock          Preferred Stock 63,400 shares   5,900 shares $1 par value   $60 par, $4 dividend   The amount available for dividends this year is $69,248. Prepare the dividend allocation between the preferred and common shares in total and per share. If required, round per share amounts to two decimal places.

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A: Earnings per share = (Net income - Preferred dividend) / Average no. of common shares outstanding

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Q: Determine the earnings per share

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.