Total Stockholders' Equity Consists of Retained Earnings of $100,000 and Paid-In

question 50

Multiple Choice

Total stockholders' equity consists of retained earnings of $100,000 and paid-in capital of $500,000.There are 30,000 common shares outstanding,and no preferred shares outstanding.What is the book value per share of common stock?

• A)$20.00 per share
• B)$25.00 per share
• C)$15.00 per share
• D)$ 5.00 per share

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