The Following Data Were Gathered from the Annual Report of Desk

question 7

Multiple Choice

The following data were gathered from the annual report of Desk Products. $\begin{array}{llcc} \text { Market price per share } &\$30.00 \\ \text { Number of common shares } &10,000\\ \text { Preferred stock, 5\% \( \$ 100 \) par } &\$10,000\\ \text { Common equity } &\$140,000\\\end{array}$

The book value per share is:

• A)$30.00.
• B)$15.00.
• C)$14.00.
• D)$13.75.
• E)$13.50.

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Definitions:

Depolarization Phase

The initial phase of an action potential where the membrane potential becomes less negative.

Action Potential

A rapid, temporary change in the electrical charge across a cell membrane, leading to the transmission of nerve impulses.

Repolarization Phase

The process during which cells return to their resting negative charge following depolarization.

H Zone

The region within a striated muscle fiber's sarcomere that contains only thick filaments and diminishes during muscle contraction.