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A firm has a total assets of $10,000,000, that can be sold in the market today for $6,000,000, Total Liabilities of $4,000,000, preferred stock of

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A firm has a total assets of $10,000,000, that can be sold in the market today for $6,000,000, Total Liabilities of $4,000,000, preferred stock of $500,000, and 100,000 shares of common stock outstanding. Its Book value per share will be? a. $45 b. $55 c. $25 d. $35 TI A

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