The following data were gathered from the annual report of Desk Products. $\begin{array}{lr}
\text { Market price per share } & \$ 30,00 \
\text { Number of common shares } & 10,000 \
\text { Preferred stock. } 5 \% \$ 100 \text { par } & \$ 10,000\
\text { Common equity }&\$140,000\
\end{array}$ The book value per share is:
A)$30.00.
B)$15.00.
C)$14.00.
D)$13.75.
E)$13.50.

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The Answer of The following data were gathered from the annual report of Desk Products. $\begin{array}{lr}
\text { Market price per share } & \$ 30,00 \
\text { Number of common shares } & 10,000 \
\text { Preferred stock. } 5 \% \$ 100 \text { par } & \$ 10,000\
\text { Common equity }&\$140,000\
\end{array}$ The book value per share is:
A)$30.00.
B)$15.00.
C)$14.00.
D)$13.75.
E)$13.50.

The Following Data Were Gathered from the Annual Report of Desk