Barr, Inc Reports $4,000,000 of Common Stock, and $6,000,000 of Additional

Multiple Choice

Barr, Inc. reports $4,000,000 of common stock, and $6,000,000 of additional paid-in capital on its balance sheet. The number of common shares issued and outstanding is 500,000 shares. The book value per share is

A) $20.
B) $12.
C) $8.
D) not determinable.