Question
Bengal Wood Company has current assets of $306,000 and capital assets of $224,000. Current liabilities are $82,000 and long-term liabilities are $176,000. There is $40,000
Bengal Wood Company has current assets of $306,000 and capital assets of $224,000. Current liabilities are $82,000 and long-term liabilities are $176,000. There is $40,000 in preferred stock outstanding and the firm has issued 25,000 shares of common stock.
Compute book value (net worth) per share.
Book value per share $
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Financial Management Core Concepts
Authors: Ray Brooks, Raymond Brooks
1st Edition
0321155173, 9780321155177
