Which of the Following Statements Concerning Net Tangible Asset Backing

question 46

Multiple Choice

Which of the following statements concerning net tangible asset backing (NTAB) per share is not true?

• A) it determines the cash available per share if the company liquidates.
• B) the difference between NTAB and the market share price is an indication of the market's assessment of the entity's future growth prospects.
• C) it expresses the book value of an entity's tangible assets per ordinary share issued.
• D) intangible assets are excluded from the calculation.

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