The Bedford Corporation reported the following income statement and balance sheet amounts and additional information for the

Question:

The Bedford reported the following income statement and amounts and additional information for the end of the current year.
Inventory and prepaid expenses account for $30,000 of the current year's current assets.
Average inventory for the current year is $36,250.
Average net for the current year is $45,000.
There are 35,000 shares of outstanding.
Total dividends paid during the current year were $17,000.
The market price per share of is $20.
What is the book value per share of on the last day of the current year?
$8.37
$24.41
$27.11
$20.00
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...