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Book Value per Share Deer Company has the following amounts in the Stockholders' Equity category of the balance sheet at December 31, 2017: Preferred Stock,
Book Value per Share Deer Company has the following amounts in the Stockholders' Equity category of the balance sheet at December 31, 2017: Preferred Stock, $100 par, 8%, noncumulative (liquidation value of $110 per share) $100,000 Paid-In Capital-Preferred 55,000 Common Stock, $5 par 390,000 Paid-In Capital-Common 37,000 Retained Earnings 160,000 Required: Determine the book value per share of the Deer Company stock. Round your answer to the nearest cent. $fill in the blank 1 5.36 per share
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