What Is the Book Value Per Share of Equity for a Firm

question 59

Multiple Choice

What is the book value per share of equity for a firm with $1 million in net common equity,$50,000 in authorized share capital,25,000 shares issued,and 20,000 shares outstanding?

• A) $38.00
• B) $40.00
• C) $47.50
• D) $50.00

---

Definitions:

Moral Violations

Acts or behaviors that transgress established moral principles or ethical standards.

Higher Good

A concept referring to the ultimate value or aim that is deemed supremely beneficial or virtuous.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist known for his theory of moral development, which suggests that moral reasoning develops in stages.

Moral Judgments

Evaluations or decisions made about the rightness or wrongness of actions based on a set of ethical principles or moral values.