Multiple Choice
Book value per share is determined by:
A) deducting liabilities from assets and dividing the remainder by owner's equity.
B) deducting liabilities from assets and dividing the remainder by the number of shares of stock outstanding.
C) dividing liabilities by the number of shares of stock outstanding.
D) dividing assets by the number of shares of stock outstanding.
E) dividing the sum of assets and owner's equity by the number of shares of stock outstanding.
Correct Answer:

Verified
Correct Answer:
Verified
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