Question
Stone Limited has R85-million in assets, R40-million in liabilities and 1.4-million in ordinary shares outstanding. The replacement cost of the assets amounts to R115-million. The
Stone Limited has R85-million in assets, R40-million in liabilities and 1.4-million in ordinary shares outstanding. The replacement cost of the assets amounts to R115-million. The current price is R90 per share. What is Stone's book value per share?
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Horngrens Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan
17th Edition
0135628474, 9780135628478
