Use the Following Information for Questions

question 224

Multiple Choice

Use the following information for questions. The following data are provided for Croatia Corp.'s last two fiscal years: Shareholders' Equity 15- 27 Additional information: On May 1, 2015, 6,000 common shares were issued.Although dividends had been declared regularly up to December 31, 2014, preferred dividends were NOT declared during 2015.The market price of the common shares was $100 at December 31, 2015.
-The book value per common share at December 31, 2015 is

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

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Definitions:

Ionosphere

A layer of the Earth's atmosphere that is ionized by solar and cosmic radiation, playing an essential role in atmospheric electricity and forming the inner edge of the magnetosphere.

Biosphere

The global ecological system integrating all living beings and their relationships, including their interaction with the elements of the lithosphere, hydrosphere, and atmosphere.

Plate Tectonics

The scientific theory explaining the movement of Earth's lithosphere, which is divided into tectonic plates that move over the asthenosphere due to geologic processes.

Occurrence of Volcanoes

The event of volcanic activity or eruption in a specific location.