Question
Amazing.Coms total assets equal $2.5 billion. Its current liabilities equal $1 billion and long-term debt equals $3 billion. If the total number of shares outstanding
Amazing.Coms total assets equal $2.5 billion. Its current liabilities equal $1 billion and long-term debt equals $3 billion. If the total number of shares outstanding is one billion, what is Amazings book value per share?
(A) It cannot be calculated with the given information
(B) $1.5
(C) -$2.5
(D) -$1.5
(E) $1.25
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Financial Economics
Authors: Zvi Bodie, Robert C Merton, David Cleeton
2nd Edition
0558785751, 9780558785758
