The following information from St. Paul Supply, Inc.is provided for 2010 and 2009:
Additional information:
No preferred dividends were declared during 2009. The market price of the common stock was $25 at December 31, 2010. Calculate the book value per share of common stock at December 31, 2010.

Question

The following information from St. Paul Supply, Inc.is provided for 2010 and 2009:
  Additional information:
No preferred dividends were declared during 2009. The market price of the common stock was $25 at December 31, 2010. Calculate the book value per share of common stock at December 31, 2010.

Quizplus · Accepted Answer

The Answer of The following information from St. Paul Supply, Inc.is provided for 2010 and 2009:
  Additional information:
No preferred dividends were declared during 2009. The market price of the common stock was $25 at December 31, 2010. Calculate the book value per share of common stock at December 31, 2010.

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