The allocation to the respective common and preferred equities in calculation of the book value per common share will depend upon the preferential rights of preferred shares.Liquidation, cumulative and participating preferences of the preferred shares must be satisfied; the balance of owners' equity then becomes the common share equity.

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The Answer of The allocation to the respective common and preferred equities in calculation of the book value per common share will depend upon the preferential rights of preferred shares.Liquidation, cumulative and participating preferences of the preferred shares must be satisfied; the balance of owners' equity then becomes the common share equity.

The Allocation to the Respective Common and Preferred Equities in Calculation