Q262
The growth in book value per share shows the_____________.
A.
rise in share price
B.
increase in physical asset of the firm
C.
increase in net worth
D.
growth in reserves
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The growth in book value per share shows the growth in reserves. Book value of equity per share indicates a firm's net asset value (total assets - total liabilities) on a per-share basis.