Introduction to Managerial Accounting - Connect Access
Introduction to Managerial Accounting - Connect Access
8th Edition
ISBN: 9781260519020
Author: BREWER
Publisher: MCG
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Chapter 14, Problem 8Q

Book value of shares is the value of shares as per the Balance sheet whereas the Market value is value at which the shares are traded.

To determine

To discuss:

If a stock’s market value exceeds its book value, then the stock is overpriced.

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Introduction to Managerial Accounting - Connect Access

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