Marigold Corp. had the following information in its financial statements for the year ended 2020 and 2021: Common cash dividends for the year $19700 2021 Net income for the year ended 2021 127000 Market price of stock, 12/31/21 24 Common stockholders' equity, 12/31/20 2150000 Common stockholders' equity, 12/31/21 2740000 Outstanding shares, 12/31/21 147000 Preferred dividends for the year ended 29900 2021 What is the book value per share for Marigold Corp. for the year ended 2021? O $18.64 O $14.63 O $18.44 O $18.31
Marigold Corp. had the following information in its financial statements for the year ended 2020 and 2021: Common cash dividends for the year $19700 2021 Net income for the year ended 2021 127000 Market price of stock, 12/31/21 24 Common stockholders' equity, 12/31/20 2150000 Common stockholders' equity, 12/31/21 2740000 Outstanding shares, 12/31/21 147000 Preferred dividends for the year ended 29900 2021 What is the book value per share for Marigold Corp. for the year ended 2021? O $18.64 O $14.63 O $18.44 O $18.31
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Question 15 of 17
Marigold Corp. had the following information in its financial statements for the year ended 2020 and 2021:
Common cash dividends for the year
$19700
2021
Net income for the year ended 2021
127000
Market price of stock, 12/31/21
24
Common stockholders' equity, 12/31/20
2150000
Common stockholders' equity, 12/31/21
2740000
Outstanding shares, 12/31/21
147000
Preferred dividends for the year ended
29900
2021
What is the book value per share for Marigold Corp. for the year ended 2021?
O $18.64
O $14.63
O $18.44
O $18.31
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