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mr Goodwill [35]
3 years ago
12

Assume common stock is the only class of stock outstanding in the Manley Corporation. Total stockholders' equity divided by the

number of common stock shares outstanding is called:________
a. fair value per share.
b. stated value per share.
c. book value per share.
d. par value per share.
Business
1 answer:
pshichka [43]3 years ago
5 0

Answer:

c. book value per share.

Explanation:

The Total stockholders' equity is reflected on the balance sheet along with the total assets and the total liabilities

The formula to compute the book value per share is

= Total stockholders' equity ÷  number of common stock shares outstanding

By dividing the total  stockholders' equity by the number of common stock shares outstanding we get the book value per share

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Answer:

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