Ariel Investigations has total paid-in capital of $70,000 and retained earnings of $40,000.It has 100 shares of $100 par value common stock outstanding,and no preferred shares outstanding..The book value of each share of common stock is:

Question

Quizplus · Accepted Answer

The Answer of Ariel Investigations has total paid-in capital of $70,000 and retained earnings of $40,000.It has 100 shares of $100 par value common stock outstanding,and no preferred shares outstanding..The book value of each share of common stock is:

Ariel Investigations Has Total Paid-In Capital of $70,000 and Retained