Namekagon Corporation's book value per share for 2011 is:
A) $7.32.
B) $10.58.
C) $21.16.
D) $3.14.

Name: Namekagon Corporation's book value per share for 2011 is: A) $7.32. B) $10.58. C) $21.16. D) $3.14.
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Question

Quizplus · Accepted Answer

The book value per share is calculated by dividing the total stockholders' equity by the number of shares outstanding. For Namekagon Corporation, the total stockholders' equity is $73.2 million and the number of shares outstanding is 10 million. Therefore, the book value per share is $7.32.

Namekagon Corporation's Book Value Per Share for 2011 Is