Multiple Choice
A company has 50,000 shares of common stock outstanding.The stockholders' equity applicable to common shares is $1,470,000,and the par value per common share is $5.The book value per share is:
A) $4.75.
B) $14.70.
C) $10.00.
D) $29.40.
E) $47.50.
Correct Answer:
Verified
Correct Answer:
Verified
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