menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 14: Companies: Formation and Shareholders Equity
  5. Question
    The Book Value of Ordinary Shares Is Equal to the Total
Solved

The Book Value of Ordinary Shares Is Equal to the Total

Question 59

Question 59

True/False

The book value of ordinary shares is equal to the total equity less the book value of preference shares,divided by the number of ordinary shares outstanding.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q54: Which of the following characteristics is an

Q55: If preference shares are cumulative,then the company

Q56: Which of the following factors may cause

Q57: Retained earnings represents:<br>A)the assets of the company

Q58: Deferred tax would normally arise from which

Q61: Which of the following statements describes the

Q62: Which of the following describes a retained

Q63: Which of the following occurs when a

Q95: The journal entry to record the declaration

Q150: When a company records the year-end closing

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines