A company has total assets of $2.5 billion, total liabilities of $1.8 billion, and $200 million worth
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A company has total assets of $2.5 billion, total liabilities of $1.8 billion, and $200 million worth of 8 percent preferred stock outstanding. What is the firm’s total book value? What would its book value per share be if the firm had 100 million shares of common stock outstanding?
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Related Book For
Personal Financial Planning
ISBN: 9780357438480
15th Edition
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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