Bernard Company provided the following information from its financial records: Net income$310,000? Total stockholders' equity$910,000? Common dividends$ 21,000 Common shares outstanding 12/31 131,000? Preferred rights$260,000? What is the company's book value per share?
A. $2.37
B. $2.21
C. $6.95
D. $4.96
Answer: D
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