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Use the financial statements below to calculate the firm's book value per share: Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable $

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Use the financial statements below to calculate the firm's book value per share: Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable $ 1,554.0 9,660.0 Inventories 13.440.0 $24,654.0 17.346.0 $42.000.0 Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities $ 7,980.0 5,880.0 4.620.0 $18.480.0 Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity 10.920.0 $29,400.0 3,360.0 9.240.0 $12.600.0 $42,000.0 Income Statement (Millions of $) Net sales $58,800.0 $54,978.0 Operating costs except depr'n Depreciation Earnings befint and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes $1,029.0 $ 2,793.0 1.050.0 $ 1,743.0 S 610.1 $1,133.0 Net income 175.00 $ 509.83 Other data: Shares outstanding (millions) Common dividends Intrate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 6.25% 35% $ 77.69 Select one: O A. $75.60 O B. $61.73 O C. $64.98 O D. $68.40 O E. $72.00

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