The December 31, 2016, the balance sheet of TXY reflected the following:
Assume the company sold all of the assets at December 31, 2016, at market value for cas paid off the liabilities and distributed all of the remaining cash to the shareholders.The amount of cash per share that each common shareholder would receive would be:
A) $4.47
B) $5.93
C) $8.27
D) $6.07
Correct Answer:
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