Tucker Electronic System's Current Balance Sheet Shows Total Common Equity

question 38

Multiple Choice

Tucker Electronic System's current balance sheet shows total common equity of $3,125,000.The company has 125,000 shares of stock outstanding, and they sell at a price of $52.50 per share.By how much do the firm's market and book values per share differ?

• A) $27.50
• B) $28.88
• C) $30.32
• D) $31.83
• E) $33.43

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Definitions:

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