Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
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How do you solve the change in the book value of the company's equity that took place at the end of 2018?
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Expert Solution
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Step 1
Book value = Equity share capital + Reserves and surplus
Or
Total shareholders equity
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