Book value equals:

Multiple Choice

$($Assets $+$ Liabilities$)$ Number of shares outstanding.

$($Liabilities $-$ Assets$)$ Number of shares outstanding.

$$

$($Assets $+$ Liabilities$)$ Earnings per shat.

$($Liabilities $+$ Assets$)$ Price$-$earnings ratio.

$($Assets $-$ Liabilities$)$ Number of shares outstanding.