What was the book value per share

Assignment Help Financial Management

Reference no: EM131502722

Brown Fashions Inc.'s December 31, 2015 balance sheet showed total common equity of $4,050,000 and 225,000 shares of stock outstanding. During 2015, the firm had $450,000 of net income, and it paid out $100,000 as dividends. What was the book value per share at 12/31/15, assuming no common stock was either issued or retired during 2015? (Round your final answer to two decimal places.)

Reference no: EM131502722

Questions Cloud

How much would the roe have changed : Last year Blease Inc had a total assets turnover of 1.33 and an equity multiplier of 1.75. how much would the ROE have changed?

Depreciation expense for tax-stockholder reporting purposes : How much was the firm's net income? The firm uses the same depreciation expense for tax and stockholder reporting purposes.

How much was the firms net income : How much was the firm's net income? The firm uses the same depreciation expense for tax and stockholder reporting purposes.

How does the clearing house manage its risk : What role does a clearing house play? How does it perform its function? How does the clearing house manage its risk?

What was the book value per share : What was the book value per share at 12/31/15, assuming no common stock was either issued or retired during 2015?

Calculate your company expected return : Use the following information to calculate your company's expected return

What is payback period for this project : What is the payback period for this project? Their acceptance period is five years.

IRR methodology compared to the NPV methodology : It is important for managers to accept positive NPV projects. What are some problems with the IRR methodology compared to the NPV methodology?

What are the partnership terms-partnership agreement : What are the partnership terms? Are there any matters not addressed, that you think should have been addressed by the partnership agreement?

User Account

All Pages