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A company has $595,000 in total shareholders' equity. Preference shares outstanding are valued at $150,000, and 75,000 ordinary shares are outstanding. Its book value per ordinary share is $7.93.
Operating Inefficiently
Conducting business in a manner that does not maximize output or profits relative to input and resources.
Technological Advance
The development and application of innovative tools, machines, systems, and methods to improve processes, productivity, and efficiency.
Production Possibilities Curve
A graphical representation showing the maximum combination of goods or services that can be produced with a fixed amount of resources.
Opportunity Cost
The price paid for not selecting the immediate alternative choice while deciding.
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