Shares of Faulkner closed closed at $20 per share. There were 100,000 shares outstanding. The book...
Shares of Faulkner closed closed at $20 per share. There were 100,000 shares outstanding. The book value of equity was $1,500,000. Compute Faulkner's market value added.
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500,000 |
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|
100,000 |
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|
750,000 |
Homework Answers
Compute Faulkner's market value added
=market value-book value of shares
=20*100000-1500000
=500000
the above is answer..
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