Question: Assuming there is no preferred stock, book value per share of common stock is derived by which of the following: -Net income divided by the

Assuming there is no preferred stock, book value per share of common stock is derived by which of the following:

-Net income divided by the number of shares outstanding. -Stockholders' equity divided by the number of shares authorized. -Stockholders' equity divided by the number of shares outstanding. -Net income divided by the number of shares authorized.

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