On December 31, 2014, Colaw Company reports the following amounts in its equity section: The ordinary shares have a stated value of $10 per share. One million ordinary shares are authorized and 40,000 shares are held in the treasury.
Instructions
Compute the book value per ordinary share

Question

On December 31, 2014, Colaw Company reports the following amounts in its equity section:  The ordinary shares have a stated value of $10 per share. One million ordinary shares are authorized and 40,000 shares are held in the treasury.
Instructions
Compute the book value per ordinary share

Quizplus · Accepted Answer

The Answer of On December 31, 2014, Colaw Company reports the following amounts in its equity section:  The ordinary shares have a stated value of $10 per share. One million ordinary shares are authorized and 40,000 shares are held in the treasury.
Instructions
Compute the book value per ordinary share

On December 31, 2014, Colaw Company Reports the Following Amounts