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Required answer the following multiple-choice question the

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Reference no: EM13573321

Maple Corporation's stockholders' equity at June 30, 2000, consisted of the following:

Preferred stock, 10%, $50 par value; liquidating value, $55 per share; 20,000 shares issued and outstanding $1,000,000 Common stock, $10 par value; 500,000 shares authorized; 150,000 shares issued and outstanding 1,500,000 Retained earnings 500,000.

Required. Answer the following multiple-choice question. The book value per share of common stock is:

1. $10.00

2. $12.67

3. $13.33

4. $17.65

Reference no: EM13573321

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