Book value per common share is computed by:
A) Dividing the number of common shares outstanding by stockholders' equity applicable to common shares.
B) Dividing total assets by the number of shares outstanding.
C) Dividing stockholders' equity applicable to common shares by the number of common shares outstanding.
D) Multiplying the number of common shares outstanding times the market price per common share.
E) Multiplying the number of common shares outstanding by par value per share.
Correct Answer:
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