Which of the following is not true for Book Value of a share? * It depends on the balance sheet values It is always less than market price It is calculated as (share capital + reserves and surplus)/No. of equity shares O It is used to value unlisted companies' shares
Which of the following is not true for Book Value of a share? * It depends on the balance sheet values It is always less than market price It is calculated as (share capital + reserves and surplus)/No. of equity shares O It is used to value unlisted companies' shares
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
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Transcribed Image Text:Which of the following is not true for Book Value of a share?
It depends on the balance sheet values
It is always less than market price
It is calculated as (share capital + reserves and surplus)/No. of equity shares
It is used to value unlisted companies' shares
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