Acme Widget,Inc

Multiple Choice

Acme Widget,Inc.has 1,000 shareholders who own a total of one million shares of its common stock.The company earned $10 million after taxes and paid out $4 million in dividends.The company has assets of $125 million and liabilities of $25 million.What is the book value per share?

A) $4
B) $125
C) $10
D) $100
E) $25