Cadarette Corporation's Most Recent Balance Sheet and Income Statement Appear

question 111

Multiple Choice

Cadarette Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $17.73 per share.
-The book value per share at the end of Year 2 is closest to:

• A)$8.00
• B)$0.90
• C)$13.00
• D)$9.00

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