Question
13. A company has 775 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $61 per share.
13. A company has 775 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $61 per share. It also has 19,000 shares of common stock outstanding, and the total value of its stockholders' equity is $685,675. The company's book value per common share equals:
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Auditing Assurance Services and Ethics in Australia an Integrated Approach
Authors: Alvin A Arens, Peter J. Best, Greg Shailer, Brenton Fiedler
9th edition
978-1442539365, 1442539364
