Problemat year end tangshan china company balance sheet, Ask an Expert

Finance

Problem:

At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred stock) of $45 million, and 1,000,000 shares of common stock outstanding. Based on this information, Tangshan's book value per share of common stock is ________.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147199

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