Multiple Choice
A company has 40,000 shares of common stock outstanding.The stockholders' equity applicable to common shares is $470,000,and the par value per common share is $10.The book value per share is:
A) $ 0.09.
B) $ 1.75.
C) $10.00.
D) $11.75.
E) $47.50.
Correct Answer:
Verified
Correct Answer:
Verified
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