A corporation has total stockholders' equity of ($ 4,628,000) and one class of ($ 2) par value

Question:

A corporation has total stockholders' equity of $\$ 4,628,000$ and one class of $\$ 2$ par value common stock. The corporation has 500,000 shares authorized; 300,000 shares issued; and 40,000 shares as treasury stock. What is its book value per share?

Fantastic news! We've Found the answer you've been seeking!