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Barr, Inc Reports ₤4,000,000 of Share Capital, and ₤6,000,000 of Share

Question 228

Multiple Choice

Barr, Inc. reports ₤4,000,000 of share capital, and ₤6,000,000 of share premium on its statement of financial position. The number of ordinary shares issued and outstanding is 400,000 shares. The book value per share is


A) ₤25.
B) ₤15.
C) ₤10.
D) ₤.04.

Correct Answer:

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