The Following Data Were Gathered from the Annual Report of Desk

question 38

Multiple Choice

The following data were gathered from the annual report of Desk Products. $\begin{array}{lr}\text { Market price per share } & \$ 30,00 \\\text { Number of common shares } & 10,000 \\\text { Preferred stock. } 5 \% \$ 100 \text { par } & \$ 10,000\\\text { Common equity }&\$140,000\\\end{array}$ The book value per share is:

• A)$30.00.
• B)$15.00.
• C)$14.00.
• D)$13.75.
• E)$13.50.

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Definitions:

Observations

The act of closely monitoring or noting phenomena or behaviors to gather information, often used in research and study.

A Theory

A coherent group of propositions formulated to explain a group of facts or phenomena in the natural world and repeatedly confirmed through experiment or observation.

Cultural Heritage

The inheritance of both tangible objects and intangible qualities from previous generations that belongs to a community or society.

Long-Term Relationships

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