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question 46

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Use the following information for questions.
The following data are provided:
Use the following information for questions. The following data are provided:     Additional information: Depreciation included in cost of goods sold and operating expenses is $305,000.On May 1, 2011, 15,000 ordinary shares were issued.The preference share are cumulative.The preference dividends were not declared during 2011. -The book value per ordinary share at 12\31\11 is A) 1,950 ÷ 60. B) 1,940 ÷ 60. C) 1,950 ÷ 55. D) 2,000 ÷ 55.
Additional information:
Depreciation included in cost of goods sold and operating expenses is $305,000.On May 1, 2011, 15,000 ordinary shares were issued.The preference share are cumulative.The preference dividends were not declared during 2011.
-The book value per ordinary share at 12\31\11 is


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