What is the book value per share of equity for a firm with $1 million in net common equity, $50,000 in authorized share capital, 25,000 shares issued, and 20,000 shares outstanding? (Use dollar value)
A)$38.00
B)$40.00
C)$47.50
D)$50.00

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The Answer of What is the book value per share of equity for a firm with $1 million in net common equity, $50,000 in authorized share capital, 25,000 shares issued, and 20,000 shares outstanding? (Use dollar value)
A)$38.00
B)$40.00
C)$47.50
D)$50.00

What Is the Book Value Per Share of Equity for a Firm