Chapter 11, Problem 21DQ

To determine

Preferred stock:

Preferred stock can be defined as an ownership in a company having a comparatively higher claim on its earnings and assets as compared to common stock. Such stocks have a dividend to be paid out prior to dividends being paid to common shareholders.

Par value per share:

The par value, also referred as face value is the pre-determined value of a share at the time of issuance. This is the actual price of the share, which is paid by issuing entity to investor once it gets matured. The par value is decided by the issuing entity and it remains fixed over the period.

The par value per share of preferred stocks of G in 2013.