Book value per share of common stock is calculated by dividing the
A. number of common shares outstanding at year end by the common stockholders' equity.
B. net income available to common stockholders by the average number of common shares outstanding.
C. common stockholders' equity by the number of common shares outstanding at year end.
D. total liabilities by the total stockholders' equity.
Answer: C
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If you face hostile or difficult questions during a question-and-answer session,
A) respectfully ask their opinion on the matter. B) enlist the help of the audience to silence the questioner. C) respond honestly while keeping control of your emotions. D) stand your ground and respond to the questions aggressively. E) ignore anyone who asks such questions and change the subject.
Which of the following is a required disclosure in the income statement when reporting the sale of a component of the business?
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Identify seven possible remedies for a buyer when the seller breaches a contract
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