A Company Has 6 000 Shares of Ordinary Shares Outstanding

question 48

Multiple Choice

A company has 6 000 shares of ordinary shares outstanding and no preference shares. The total ordinary shareholders' equity is $1 500 000. The book value per share of ordinary shares is:

• A)$250.00.
• B)$4.00.
• C)$2.50.
• D)$.004.

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