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16-The following information is provided for Indy Inc: Total common stockholders equity on Dec. 31, 2020---- $302,000 Total common stockholders equity on Dec. 31, 2019----
16-The following information is provided for Indy Inc:
Total common stockholders equity on Dec. 31, 2020---- $302,000
Total common stockholders equity on Dec. 31, 2019---- $288,000
Sales, 2020 ----$165,000
Total assets---$605,000
Common shares outstanding, 2020----50,000
Dividends declared and paid, 2020----$6,000
Market price per share, Dec. 31, 2020----$21
What is the companys book value per share on December 31, 2020?
A) $5.90
B) $6.04
C) $12.10
D) $6.06
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