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) $15.00 per share
D) $ 5.00 per share
Correct Answer:
Verified
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