Djarleen Company Has 10,000 Shares of $10 Par Preferred Stock,which

question 95

Multiple Choice

Djarleen Company has 10,000 shares of $10 par preferred stock,which were issued at par.It also has 250,000 shares of common stock outstanding,and its total stockholders' equity equals $4,000,000.The book value per common share is:

• A)$16.67.
• B)$16.00.
• C)$40.00.
• D)$15.60.
• E)$10.00.

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