A firm reported the following balance sheet: ASSETS Cash and Equivalents $ 490.00 Accounts Receivable $ 265.00
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Question:
A firm reported the following balance sheet:
ASSETS | |
Cash and Equivalents | $ 490.00 |
Accounts Receivable | $ 265.00 |
Inventory | $ 195.00 |
Tot. Current Assets | ? |
Net Plant and Equipment | $ 70.00 |
Other Long Term Assets | $ 2,000.00 |
Tot. LongTerm Assets | ? |
Total Assets | ? |
LIABILITIES | |
Accounts Payable | $ 65.00 |
Accrued Wages and Taxes | $ 10.00 |
Notes Payable | $ 155.00 |
Tot. Current Liabilities | ? |
LongTerm Debt | $ 700.00 |
Total Liabilities | ? |
STOCKHOLDER'S EQUITY | |
Common Stock | $ 500.00 |
Retained Earnings | ? |
Tot. Stockholder's Equity | ? |
What is the Book Value Per Share (BVPS) of this firm, given it has 920 shares outstanding? Answer using two decimal figures.
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