Symons Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's book value per share at the end of Year 2 is closest to:
A)$17.94 per share
B)$28.26 per share
C)$0.19 per share
D)$11.54 per share

Question

Symons Corporation has provided the following financial data:   Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's book value per share at the end of Year 2 is closest to:
A)$17.94 per share 
B)$28.26 per share 
C)$0.19 per share 
D)$11.54 per share

Quizplus · Accepted Answer

The Answer of Symons Corporation has provided the following financial data:   Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's book value per share at the end of Year 2 is closest to:
A)$17.94 per share 
B)$28.26 per share 
C)$0.19 per share 
D)$11.54 per share

Symons Corporation Has Provided the Following Financial Data