Book Value Per Share of Ordinary Share Is Derived by Which

question 36

Multiple Choice

Book value per share of ordinary share is derived by which of the following

• A) Shareholders equity divided by the number of shares authorized.
• B) Shareholders equity divided by the number of shares outstanding.
• C) Profit divided by the number of shares outstanding
• D) Profit divided by the number of shares authorized.

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Definitions:

Horizontal Price Fixing

Horizontal price fixing occurs when companies at the same level of the supply chain agree to set prices or other market conditions, reducing competition.

Grocery Stores

Retail stores that primarily sell food, including fresh produce, meats, dairy products, and various packaged goods.

Loaf of Bread

A shaped mass of baked bread, commonly sliced for consumption and made from a variety of grains.

Price Fixing

An illegal agreement among competitors to set prices at a certain level, rather than letting them fluctuate naturally with market forces.