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The stockholders' equity section of Montel Company's balance sheet follows. Preferred stock-5% cumulative, $10 par value, 15,000 shares authorized, issued and outstanding Common stock-$5 par

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The stockholders' equity section of Montel Company's balance sheet follows. Preferred stock-5% cumulative, $10 par value, 15,000 shares authorized, issued and outstanding Common stock-$5 par value, 230,000 shares authorized, 180,000 shares issued and outstanding 150,000 900,000 864,000 Retained earnings Total stockholders' equity $1,914,000 Determine the book value per share of the common stock. Book Value Per Common Share Choose Denominator: Choose Numerator: Book Value Per Common Share Stockholders' equity applicable to common shares Number of common shares outstanding Book Value Per Common Share $ 180,000 0.00

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