Firms market and book values per share


Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 125,000 shares of stock outstanding, and they sell at a price of $52.50 per share. By how much do the firm's market and book values per share differ?

a $27.50

b. $28.88

c. $30.32

d. $31.83

e. $33.43

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Business Management: Firms market and book values per share
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