Question: Microsoft just improved its balance sheet, which it shows long term debt of $75 million, inventory $35million, total liabilities of $45 million, current assets

Microsoft just improved its balance sheet, which it shows long term debtof $75 million, inventory $35million, total liabilities of $45 million, current assets

Microsoft just improved its balance sheet, which it shows long term debt of $75 million, inventory $35million, total liabilities of $45 million, current assets of $75million and PPE of $105 million. It has 1,500,000 common shares outstanding. Retained earnings of $85 million. Its share price in the market is $49. Its book value per share is A. $56.67 B. $63.33 C. $90.00 OD. $120.06 O E. None of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!