Question: Proctoring Enabled: Final Exam 1 Saved Help Save & Exit Assume a company provided the following balance sheet: 21 Current assets: Current liabilities: Cash $

 Proctoring Enabled: Final Exam 1 Saved Help Save & Exit Assume

Proctoring Enabled: Final Exam 1 Saved Help Save & Exit Assume a company provided the following balance sheet: 21 Current assets: Current liabilities: Cash $ 95, 080 Accounts payable $ 90, 000 Accounts receivable 50, 000 Accrued liabilities 40, 080 8 01:18:19 Inventory 150, 080 Total current liabilities 130, 000 Total current assets 295, 000 Bonds payable 110,060 Property, plant & equipment, net 380, 000 Total liabilities 240,000 Stockholders' equity: Common stock, $17 par 170,000 Retained earnings 265, 000 Total stockholders' equity 435,000 Total assets $ 675, 000 Total liabilities and stockholders' equity $ 675, 000 The book value per share is closest to: Multiple Choice

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