Abc balance sheet indicates a book value of shareholders

Reference no: EM13714524

QUESTION 17

ABC's balance sheet indicates a book value of shareholders' equity of $746,788. The firm's earning per share are $2.6 and the price-earnings ratio is 9.76. If there are 56,304 shares outstanding, what is the book value per share?

Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

Hint: Market value per share is same as market price per share

Reference no: EM13714524

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