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If a company's total equity is $500,000 and it has 50,000 outstanding shares, what is the book value per share? A) $5 B) $8 C) $10 D) $15

If a company's total equity is $500,000 and it has 50,000 outstanding shares, what is the book value per share? A) $5 B) $8 C) $10 D) $15

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...
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If a company's total equity is $500,000 and it has 50,000 outstanding shares, what is the book value per share? A) $5 B) $8 C) $10 D) $15
Transcribed Image Text:If a company's total equity is $500,000 and it has 50,000 outstanding shares, what is the book value per share? A) $5 B) $8 C) $10 D) $15
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