Financial Statements for Larned Company Appear Below: Dividends

question 94

Multiple Choice

Financial statements for Larned Company appear below: Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends.
The market price of a share of common stock on December 31, Year 2 was $160.

-Larned Company's book value per share at the end of Year 2 was closest to:

• A)$16.11
• B)$63.89
• C)$70.56
• D)$10.00

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