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Question
Wiggins Company has 1,000 shares of $10 par preferred stock. It also has 25,000 shares of common stock outstanding, and its total stockholders' equity equals $500,000. The book value per common share is:A.$ 16.00.
B.$ 19.60.
C.$ 19.96.
D.$ 20.00.
E.$ 10.00.
Answer
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