Acme Widget,Inc

question 89

Multiple Choice

Acme Widget,Inc.has 1,000 shareholders who own a total of two million shares of its common stock.The company earned $20 million after taxes and paid out $8 million in dividends.The company has assets of $250 million and liabilities of $50 million.What is the book value per share?

• A)$2
• B)$8
• C)$20
• D)$100
• E)$250

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Definitions:

Initiative Versus Guilt

A stage in Erik Erikson's theory of psychosocial development where children (ages 3-5) develop a sense of initiative and confidence through exploration and decision-making, or may experience guilt for their actions.

Virtue

A characteristic that is considered morally positive and held in high regard as the basis of a virtuous character.

Moral Judgments

Evaluations or decisions about the rightness or wrongness of actions that reflect ethical standards or principles.

Pursue Goals

The act of identifying and working towards achieving specific objectives or aspirations.