At fiscal year end, december 31, 2018, somerset corporation had total stockholders' equity of $3,800,000. on fy 2018 year end, somerset corporation had common stock account of $1,700,000 of $10 par value common stock and preferred stock account of $200,000 of $100 par value. there was no treasury stock. the preferred stock was noncumulative and had a call price of $105. use this information to determine the book value per share of common stock as of end of the fy 2018: (round your answer to the nearest penny.)

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?