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If Total Stockholders' Equity Is $160,000 with 13,000 Common Shares

Question 16

Multiple Choice

If total stockholders' equity is $160,000 with 13,000 common shares outstanding, what is the book value per share of common stock? (Assume no preferred stock is outstanding. Round your answer to the nearest cent.)


A) $15.31
B) $36.92
C) $12.31
D) $9.31

Correct Answer:

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