The book value of a company is $15 per share and the total common stockholders’ equity is $45 million. How many shares of common stock has this corporation issued?

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The book value of a company is $15 per share and the total common stockholders’ equity is $45 million. How many shares of common stock has this corporation issued? Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Related Book For answer-question

Entrepreneurial Finance

6th edition

Authors: Philip J. Adelman; Alan M. Marks

ISBN: 978-0133140514