Please Refer to the Equity Section Shown Below

question 90

Essay

Please refer to the equity section shown below:
Assume the preferred shares have no stated liquidation value. The preferred shares are non-cumulative, so there are no dividends in arrears.
Please calculate the book value per share of common stock.
A)$30.00 per share
B)$8.99 per share
C)$9.00 per share
D)$29.50 per share

• A)$30.00 per share
• B)$8.99 per share
• C)$9.00 per share
• D)$29.50 per share

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