Hunter manufacturing inc.'s december 31, 2009, balance sheet showed total common equity of $2,050,000 and 100,000 shares of stock outstanding. during 2010, hunter had $250,000 of net income, and it paid out $100,000 as dividends. what was the book value per share at 12/31/10, assuming that hunter neither issued nor retired any common stock during 2010? $20.90 $22.00 $23.10 $24.26 $25.47

$22.00

Explanation:

Book value per share = Total shareholder equity/ number of share outstanding

Total equity as of 31 Dec 2010 = total common equity at 31 Dec 2009 + net income of 2010 – paid out dividends in 2010 = $2,050,000 + $250,000 - $100,000 = $2,200,000

The book value per share at 12/31/10 = Total equity as of 31 Dec 2010/ number of share outstanding = $2,200,000/ 100,000 = $2200

i would say a certificate of deposit, so you're not locked into a long term, and it has more security than a mutual fund.

its ii) i did this test

explanation: