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Author Question: Hunter Manufacturing Inc.s December 31, 2020, balance sheet showed total common equity of $3,250,000 ... (Read 46 times)

Sadjam2

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Hunter Manufacturing Inc.’s December 31, 2020, balance sheet showed total common equity of $3,250,000 and 150,000 shares outstanding. During 2021, Hunter had $950,000 of net income, and it declared $200,000 in dividends. What was the book value per share at December 31, 2021, assuming that Hunter neither issued nor retired any common shares during 2021?

$26.67


$27.00


$28.34


$29.15



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Marked as best answer by Sadjam2 on Aug 7, 2023

leilani49

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Sadjam2

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Reply 2 on: Aug 7, 2023
:D TYSM


nguyenhoanhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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