The tangible book value or equity per share method is applicable primarily to the following industries:
A) Steel and financial services
B) Distribution and financial services
C) Electric and natural gas utilities
D) Coal and copper mining
E) Space and defense

Question

Quizplus · Accepted Answer

The tangible book value or equity per share method is often used in industries like financial services and distribution, where tangible assets are a significant part of the company's value.

The Tangible Book Value or Equity Per Share Method Is