A company has 6,000 shares of common stock outstanding and the total common stockholders' equity is $1,500,000. The book value per share of common stock is
A) $.004.
B) $2.50.
C) $4.00.
D) $250.00.

Question

Quizplus · Accepted Answer

The book value per share is calculated by dividing the total common stockholders' equity by the number of shares outstanding. $1,500,000 / 6,000 shares = $250.00 per share.

A Company Has 6,000 Shares of Common Stock Outstanding and the Total