Patterson Research has 200 shares of 10%,$100 par value,preferred stock,and 2000 shares of $10 par value common stock outstanding.Total paid-in capital is $42,000,and retained earnings are $0.There are one-year dividends in arrears on preferred stock.The book value per share on common stock is:

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The Answer of Patterson Research has 200 shares of 10%,$100 par value,preferred stock,and 2000 shares of $10 par value common stock outstanding.Total paid-in capital is $42,000,and retained earnings are $0.There are one-year dividends in arrears on preferred stock.The book value per share on common stock is:

Patterson Research Has 200 Shares of 10%,$100 Par Value,preferred Stock,and