A company has total assets of $$13,100,000$; net earnings of $$1,400,000$; total stockholders' equity of $$5,700,000$; common stock of $$1,800,000$ and preferred stock of $$500,000.$ During the year there were $900,000$ shares of common stock and $10,000$ shares of preferred stock outstanding. Calculate book value per share.

Answer rating: 100% (QA)

To calculate the book value per share you divide the total stockholders equity ... View the full answer