Use the Following Information for Questions

question 90

Multiple Choice

Use the following information for questions.
The following data are provided for Croatia Corp.'s last two fiscal years: Additional information:
On May 1, 2018, 6,000 common shares were issued.Although dividends had been declared regularly up to December 31, 2017, preferred dividends were NOT declared during 2018.The market price of the common shares was $100 at December 31, 2018.
-The book value per common share at December 31, 2018 is

• A)$16.67.
• B)$18.18.
• C)$27.50.
• D)$35.83.

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Definitions:

Declarative Sentence

A sentence that makes a statement or expresses an opinion.

Proposition

A statement or assertion that expresses a judgment or opinion.

Logic

The study of the methods and principles used to distinguish correct or good arguments from poor arguments.

Reason

The power of the mind to think, understand, and form judgments logically.