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The following account balances have been provided for the end of the most recent year: Total assets $140,000 Total stockholders' equity $140,000 Total common stock
The following account balances have been provided for the end of the most recent year:
Total assets | $140,000 |
Total stockholders' equity | $140,000 |
Total common stock (4,000 shares) | $60,000 |
Total preferred stock (2,000 shares) | $20,000 |
The book value per share of common stock is: |
$15 | |
$70 | |
$30 | |
$35 |
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