Westlake Industries has total assets of $42.5 million, total debt of $29.3 million, and $2.4 million of 6% preference share outstanding. If the company has 250,000 ordinary shares outstanding, its book value per share would be
A) $52.80.
B) $33.60.
C) $32.33.
D) $43.20.
Correct Answer:
Verified
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