Multiple Choice
Wiggins Company has 1,000 shares of $10 par preferred stock,which were issued at par.It also has 25,000 shares of common stock outstanding,and its total stockholders' equity equals $500,000.The book value per common share is:
A) $16.00.
B) $19.60.
C) $19.96.
D) $20.00.
E) $10.00.
Correct Answer:
Verified
Correct Answer:
Verified
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