What would be book value per share


Response to the following problem:

Kracked Pottery Company has total assets of $2.5 million, total short- and long-term debt of $1.8 million, and $200 000 worth of 8% preference shares outstanding. What is the company's total book value?

What would its book value per share be if the company had 50 000 ordinary shares outstanding?

Solution Preview :

Prepared by a verified Expert
Financial Accounting: What would be book value per share
Reference No:- TGS02121640

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)