If Total Stockholders' Equity Is $120,000 with 8,000 Common Shares

question 60

Multiple Choice

If total stockholders' equity is $120,000 with 8,000 common shares outstanding,what is the book value per share of common stock? (Assume no preferred stock is outstanding)

• A)$18.00
• B)$45.00
• C)$15.00
• D)$12.00

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