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