a-company-has-total-equity-of-900000-no-preferred-stock-and-60000-common-shares-

Question

A company has total equity of $900,000, no preferred stock, and 60,000 common shares outstanding. Calculate the book value per share of common stock.

Accepted Answer

$15

Answer

$25

Answer

$20

Answer

$10

A company has total equity of \$900,000, no preferred stock, and 60,000 common shares outstanding. Calculate the book value per share of common stock.