The ledger of JFK, plc shows share capitalordinary, treasury sharesordinary, and no preference shares. For this company,

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The ledger of JFK, plc shows share capital—ordinary, treasury shares—ordinary, and no preference shares. For this company, the formula for computing book value per share is:

a. total equity divided by the number of ordinary shares issued.

b. share capital—ordinary divided by the number of ordinary shares issued.

c. total equity divided by the number of ordinary shares outstanding.

d. share capital—ordinary divided by the number of ordinary shares outstanding.

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Financial Accounting With International Financial Reporting Standards

ISBN: 9781119787051

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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