Data from Murrish Corporation's most recent balance sheet appear below:
A total of 200,000 shares of common stock and 40,000 shares of preferred stock were outstanding at the end of the year. The book value per share is closest to:
A) $5.00
B) $5.70
C) $2.65
D) $4.70

Question

Data from Murrish Corporation's most recent balance sheet appear below: 
A total of 200,000 shares of common stock and 40,000 shares of preferred stock were outstanding at the end of the year. The book value per share is closest to:
A) $5.00 
B) $5.70 
C) $2.65 
D) $4.70

Quizplus · Accepted Answer

The Answer of Data from Murrish Corporation's most recent balance sheet appear below: 
A total of 200,000 shares of common stock and 40,000 shares of preferred stock were outstanding at the end of the year. The book value per share is closest to:
A) $5.00 
B) $5.70 
C) $2.65 
D) $4.70

Data from Murrish Corporation's Most Recent Balance Sheet Appear Below