Question
The following is the abbreviated balance sheet for Boston DuckBoat Company. Cash = $500, Other Assets = $7500, Debt = $0, Equity = $8000, Shares
The following is the abbreviated balance sheet for Boston DuckBoat Company. Cash = $500, Other Assets = $7500, Debt = $0, Equity = $8000, Shares outstanding = 100. What is Duckboat's price per share?
A.$5
B.$75
C.$80
D.$85
E.$90
SHOW ACCURATE WORK AND I WOULD APPRECIATE IT.
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Financial Management For Nonprofit Organizations Policies And Practices
Authors: Jo Ann Hankin, John Zietlow, Alan Seidner, Tim O'Brien
3rd Edition
1119382564, 9781119382560
