Turner Corporation had the following information in its financial statements for the year ended 2014 and 2015:

Cash dividends for the year 2015	$ 15,000
Net income for the year ended 2015	130,000
Market price of stock, 12/31/15	24
Common stockholders' equity, 12/31/14	2,200,000
Common stockholders' equity, 12/31/15	2,400,000
Outstanding shares, 12/31/15	150,000
Preferred dividends for the year ended 2015	30,000

What is the book value per share for Turner Corporation for the year ended 2015?

Answer rating: 100% (QA)

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