The following data were gathered from the annual report of Desk Products. Market price per share $ 30.00 Number of common shares 10,000 Preferred stock, 5% $100 par $ 10,000 Common equity $140,000 The book value per share is:
a. $30.00.
b. $15.00.
c. $14.00.
d. $13.75.
e. $13.50.
C
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Answer the following statement true (T) or false (F)
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Answer the following statement true (T) or false (F)