Shareholders' equity minus preferred stock is the same thing as what is sometimes called net worth or book value.

Name: Shareholders' equity minus preferred stock is the same thing as what is sometimes called net worth or book value.
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Shareholders' equity minus preferred stock gives the amount of assets that would be available to common shareholders in the event of liquidation. This amount is also known as net worth or book value.

Shareholders' Equity Minus Preferred Stock Is the Same Thing as What