Sunray Solar Ltd. is a growing company with a hot new marketing plan. On January 1, 2019,
Fantastic news! We've Found the answer you've been seeking!
Question:
Sunray Solar Ltd. is a growing company with a hot new marketing plan. On January 1, 2019, it had 127,850 shares outstanding, and it issued an additional 44,700 shares during the year. The company reported $3,379,500 in common shareholders’ equity in its annual report for 2019. The market value per share trading on the East-West Stock Exchange was $37.00 on February 1, 2020.
Required:
a. Calculate the book value per share for 2019. (Round the final answer to one decimal place.)
book value______
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date: