A company has total current assets of $750,000 and long-term assets of $950,000. Total current liabilities equal $350,000 and total long-term liabilities are $300,000. The company has 200,000 shares of $2 par common stock outstanding. The common stock has a market value of $20 per share. What is the company's book value?

Answer rating: 100% (QA)

Solution To find the companys book value we need to subtract it... View the full answer