ACC 304 All Assignments ACC 304 All Assignments | Page 16

Outstanding shares, 12/31/15 180,000
Preferred dividends for the year ended 2015 15,000
What is the book value per share for Layne Corporation for the year
ended 2015?
25) The pre-emptive right of a common stockholder is the right to
ACC 304 Final Exam Part 1 (3 Sets)
1) Swing High Inc. offers its 100 employees to participate in an
employee share-purchase plan. Under the terms of plan, employees are
entitled to purchase 10 shares at 10% discount. The par values of
shares were $10. Overall, 60 employees accepted the offer and each
employee purchased six shares. The market price on purchase date was
$100.