The book value of 4 million shares of Zircon Global Ltd. is $34 million. What is the book value per share of Zircon Global Ltd?
A) $136.00 per share
B) $8.50 per share
C) $4.00 per share
D) $0.60 per share
E) $30.00 per share

Question

Quizplus · Accepted Answer

To find the book value per share, we need to divide the total book value by the number of shares. 
Book value per share = Total book value / Number of shares
= $34 million / 4 million shares 
= $8.50 per share. 
Therefore, the answer is B.

The Book Value of 4 Million Shares of Zircon Global