Weyerhaeuser Incorporated has a balance sheet which lists $70 million in assets,$45 million in liabilities and $25 million in common shareholders' equity.It has 1,000,000 common shares outstanding.The replacement cost of its assets is $85 million.Its share price in the market is $49.Its book value per share is _________.

Question

Quizplus · Accepted Answer

Book value per share is calculated as total common shareholders' equity divided by the number of common shares outstanding. In this case, the book value per share is $25 ($25 million common shareholders' equity / 1,000,000 common shares outstanding).

Weyerhaeuser Incorporated Has a Balance Sheet Which Lists $70 Million