The Balance Sheet and Income Statement Shown Below Are for Pettijohn

question 100

Multiple Choice

The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.

-What is the firm's book value per share?

• A) $61.73
• B) $64.98
• C) $68.40
• D) $72.00
• E) $75.60

---

Definitions:

Function Header Line

A line at the beginning of a function definition that includes the function name, return type, and parameters.

Passing Data

The process of transferring data between different parts of a computer program or between different programs themselves.

Statement

An instruction in a computer program that performs a specific action.

Invoking A Function

The process of calling a function in a program to execute the set of instructions defined within it.