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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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6 years ago
Total stockholders' equity consists of retained earnings of $100,000 and paid-in capital of $500,000. There are 30,000 common shares outstanding, and no preferred shares outstanding. What is the book value per share of common stock?
A) $20.00 per share
B) $25.00 per share
C) $ 5.00 per share
D) $15.00 per share
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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6 years ago
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majestico Author
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#2
6 years ago
Yeah, makes a lot more sense. Appreciate this quite a lot
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