Using the following information about Peggy Inc, calculate equity value.Share priceAuthorized sharesIssued sharesShares held in treasuryWeighted average shares outstanding16.33234,600.0174,980.045,620.0134,520.0

Equity value refers to the total value of a company's equity or ownership interest, which is…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Using the following information about Peggy Inc, calculate equity value. Share price Authorized shares Issued shares Shares held in treasury Weighted average shares outstanding 16.33 234,600.0 174,980.0 45,620.0 134,520.0