Book value per common share equals

a. total common shareholders' equity divided by the number of shares outstanding on the date of the balance sheet.
b. total common shareholders' equity divided by the weighted-average number of shares outstanding during the accounting period.
c. total common shareholders' equity divided by the number of shares outstanding on the beginning date of the income statement.
d. total shareholders' equity divided by the number of shares outstanding on the date of the balance sheet.
e. total shareholders' equity divided by the weighted-average number of shares outstanding during the accounting period.


A

Business

You might also like to view...

According to your textbook, which of the following techniques is a best practice for delivering bad news?

A) Maximize the space devoted to it. B) Make the bad news seem trivial. C) Withhold important information. D) Deemphasize it visually and grammatically. E) Emphasize how much you wish you had good news.

Business

Manson World reported the following: Common stock, $1 par, 200,000 shares authorized, 100,000 shares issued and outstanding What is the effect of a 2-for-1 stock split if the market value of the common stock is $20 per share when the stock split is declared?

a. Retained earnings in the amount of $400,000 is transferred to the contributed capital accounts. b. Cash decreases $400,000. c. Additional Paid-in Capital increases $400,000. d. A stock split has no effect on total stockholders' equity.

Business

Bargaining power can best be described as:

A. The ability to secure another's agreement on your own terms. B. The ability of an arbitrator to dictate the final terms of a bargaining contract. C. The NLRB's ability to require parties to bargain in good faith. D. The ability of employees to decertify a union if they are dissatisfied with its performance.

Business

Patsy is shopping for a used car. She finds a car she likes at Morley Motors. Discuss the standard of conduct the UCC imposes on the parties in performing the sales transaction

Business