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Commerce · Q377

Financial Management

Graduate and Post Graduate · Commerce · question 377

Q377

Total common equity Rs 996,000,000 and shares outstanding 50,000,000 then book value per share would be

A.
Rs 0.05
B.
Rs 15.00
C.
Rs 19.92
Answer
D.
Rs 14.00

Answer: Option C

Solution

Answer: Option C
Solution:
Book Value per Share = Total common equity / Outstanding shares
= 996000000 / 50000000 = Rs. 19.92