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On December 31, Elker Corporation Reports the Following Amounts Under

Question 133

Multiple Choice

On December 31, Elker Corporation reports the following amounts under stockholders' equity on the balance sheet: On December 31, Elker Corporation reports the following amounts under stockholders' equity on the balance sheet: There are no preferred dividends in arrears. The redemption value of the preferred stock is $1,600,000. What is the book value per share? (Round your final answer to the nearest cent.) A) $26.99 B) $19.81 C) $22.37 D) $31.60 There are no preferred dividends in arrears. The redemption value of the preferred stock is $1,600,000. What is the book value per share? (Round your final answer to the nearest cent.)


A) $26.99
B) $19.81
C) $22.37
D) $31.60

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