Total common equity Rs 996,000,000 and shares outstanding 50,000,000 then book value per share would be
A. Rs 0.05
B. Rs 15.00
C. Rs 19.92
D. Rs 14.00
Answer: Option C
Solution (By Examveda Team)
Book Value per Share = Total common equity / Outstanding shares= 996000000 / 50000000 = Rs. 19.92
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