The book value per share for the current year is (rounded to the nearest cent):
A) $15.14.
B) $18.31.
C) $20.14.
D) $22.18.

Question

Quizplus · Accepted Answer

The book value per share is calculated by dividing the total stockholders' equity by the number of shares outstanding. In this case, the total stockholders' equity is $302,800,000 and the number of shares outstanding is 20,000,000. Therefore, the book value per share is $302,800,000 / 20,000,000 = $15.14.

The Book Value Per Share for the Current Year Is