If common shares outstanding are 50,000,000 and book value per share is Rs 19.92 then total common equity will be
A. Rs 996,000,000.00
B. Rs 995,000,000.00
C. Rs 992,000,000.00
D. Rs 991,000,000.00
Answer: Option A
Solution(By Examveda Team)
Total Equity = Shares outstanding × Book value per share= 50,000,000 × 19.92
= Rs. 996,000,000.00
This Question Belongs to Commerce >> Financial Management
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