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Please see below for an excerpt of ABC Company's current Balance Sheet: Assets Cash Accounts Receivable Inventory Total Assets Liabilities Accounts Payable Bank Loan
Please see below for an excerpt of ABC Company's current Balance Sheet: Assets Cash Accounts Receivable Inventory Total Assets Liabilities Accounts Payable Bank Loan ABC Company. $ 20,000 10,000 4,500 $ 34,500 $ 20,000 2,500 $ 22,500 Total Liabilities ABC Company has 30,000 shares outstanding, what is the book value of one share? $0.4/share $0.90/share $0.2/share $0.6/share
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