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A firm has a total assets of S9,000,000, that can be sold in the market today for $6,000,000, Total Liabilities of $4,000,000, proferred stock of

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A firm has a total assets of S9,000,000, that can be sold in the market today for $6,000,000, Total Liabilities of $4,000,000, proferred stock of S500,000, and 100,000 shares of common stock outstanding. Its Book value per share will bo? Soloct one: a. S55 b. S35 c. S45 d. 525 Inventoriable costs are Select one: recorded as assets when incurred. a category of costs used only for manufacturing companies. only purchased goods for resale. recorded as expenses when incurred and later reclassified as assets

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