A company has 72,000 shares of common stock outstanding. The stockholders' equity applicable to common shares...
A company has 72,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $1,260,000 and the par value per common share is $10. The book value per share is:
$175.00
$17.50
$1.75
i got 17.50
$10.00
$0.06
Homework Answers
Book value per share
= Stockholder's Equity applicable to common shares/No of common shares outstanding
= 1,260,000 / 72,000
=17.50
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A company has 72,000 shares of common stock outstanding. The
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