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:

Vertebrate Embryo

An early developmental stage in vertebrates where the organism is undergoing formation and differentiation of tissues and organs after fertilization.

Nervous System

The complex network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating its actions and sensory information.

Circulatory System

The system in organisms (particularly in vertebrates) consisting of the heart, blood vessels, and blood, responsible for transporting nutrients, gases, and wastes throughout the body.

Primitive Groove

A depression or furrow on the surface of the early embryo, involved in the process of gastrulation.