Book-value per share of common stock


Royal Corp. has total stockholders' equity of $5,100,000. The company's outstanding capital stock includes 100,000 shares of $10 par value common stock and 20,000 shares of 6%, $100 par value preferred stock. (No dividends are in arrears.) The book value per share of common stock is?

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Accounting Basics: Book-value per share of common stock
Reference No:- TGS042198

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