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Olney Science Corporation has total assets of $375,000 and total debt of $100,000. If it has 40,000 shares outstanding, what is the book value per

Olney Science Corporation has total assets of $375,000 and total debt of $100,000. If it has 40,000 shares outstanding, what is the book value per share?

A.

$3.75

B.

$4.38

C.

$5.00

D.

$5.63

E.

$6.25

F.

$6.88

G.

$7.50

H.

$8.13

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