Saguaro Corporation Has Total Contributed Capital of $840,000 and Retained

Multiple Choice

Saguaro Corporation has total contributed capital of $840,000 and retained earnings of $427,000.It has 1,000 shares of $100 par value preferred stock with no dividends in arrears and 5,000 shares of $100 par value common stock.The preferred stock is callable at 105.The book value of each share of common stock is

A) $225.40.
B) $120.40.
C) $232.40
D) $253.40.