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susu susu
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2 years ago
Ostend Industries has total assets of $85 million, total debt of $58.6 million, and $4.8 million of 5% preferred stock outstanding. If the company has 500,000 shares of common stock outstanding, its book value per share would be

▸ $32.33.

▸ $33.60.

▸ $43.20.

▸ $52.80.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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moyo966moyo966
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2 years ago
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susu Author
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2 years ago
Thanks
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Thanks for your help!!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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