Linzey Corporation has provided the following data: Year 2Year 1Common stock, $2 par value$120,000 $120,000 Retained earnings$747,000 $720,000 Total stockholders' equity$927,000 $900,000 The company's net income in Year 2 was $33,000. The company's book value per share at the end of Year 2 is closest to:
A. $22.45 per share
B. $15.45 per share
C. $0.55 per share
D. $12.45 per share
Answer: B
You might also like to view...
The question, "Why did the parties not achieve a positive outcome during this mediation?" would be asked during the identify phase of the experiential learning cycle
Indicate whether the statement is true or false.
What is workers' compensation? Mention some common features that all states' workers' compensation laws share.
What will be an ideal response?
Hotels use differential pricing by day of week and time of year
A) in order to shift demand from peak periods to off-peak periods. B) in order to increase demand during off-peak periods. C) in order to shift revenue from peak periods to off-peak periods. D) in order to shift profit from peak periods to off-peak periods.
With which of the 4 Ps is the question “What is the value of my offering?” associated?
a. price b. product c. place d. promotion