Wiggins Company has 2100 shares of $100 par preferred stock, which were issued at par. It also has 24,000 shares of common stock outstanding, and its total stockholders' equity equals $620,400. The book value per common share is:
A. $23.77.
B. $17.10.
C. $25.85.
D. $15.72.
E. $100.00.
Answer: B
Business
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