Djarleen Company has 10,000 shares of $10 par preferred stock.It also has 250,000 shares of common stock outstanding,and its total stockholders' equity equals $4,000,000.The book value per common share is:
A)$16.67.
B)$16.00.
C)$40.00.
D)$15.60.
E)$10.00.

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The Answer of Djarleen Company has 10,000 shares of $10 par preferred stock.It also has 250,000 shares of common stock outstanding,and its total stockholders' equity equals $4,000,000.The book value per common share is:
A)$16.67.
B)$16.00.
C)$40.00.
D)$15.60.
E)$10.00.

Djarleen Company Has 10,000 Shares of $10 Par Preferred Stock