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book value per share

book value per share

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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how much is the book value per share

Susan, an analyst, is looking at the 2019 financial statements of Smith Company and gathered the following details: Cash P155,000.00 Receivables 160,000.00 Inventory 100,000.00 Property, Plant and Equipment 345,000.00 Accounts Payable 87,500.00 Long term notes payable 250,000.00 Ordinary share capital (250,000 outstanding) 156,250.00 Retained Earnings 266,250.00 There are no other issuance or buybacks in 2019. How much is the book value per share? Rounded to two decimals
Transcribed Image Text:Susan, an analyst, is looking at the 2019 financial statements of Smith Company and gathered the following details: Cash P155,000.00 Receivables 160,000.00 Inventory 100,000.00 Property, Plant and Equipment 345,000.00 Accounts Payable 87,500.00 Long term notes payable 250,000.00 Ordinary share capital (250,000 outstanding) 156,250.00 Retained Earnings 266,250.00 There are no other issuance or buybacks in 2019. How much is the book value per share? Rounded to two decimals
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