Book value per share of stock is of greater concern to the financial manager than market value per share of stock.

Question

Quizplus · Accepted Answer

Market value per share of stock is a more accurate representation of the current worth of the company and its future growth potential. Book value per share only reflects the historical value of a company's assets and does not take into account factors such as market conditions and future earnings potential. Therefore, market value per share is a more important consideration for financial managers.

Book Value Per Share of Stock Is of Greater Concern