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Ainat [17]
4 years ago
6

Weyerhaeuser Incorporated has a balance sheet that lists $108 million in assets, $62 million in liabilities, and $46 million in

common shareholders' equity. It has 1 million common shares outstanding. The replacement cost of its assets is $118 million. Its share price in the market is $56. Its book value per share is _________.
Business
1 answer:
Lorico [155]4 years ago
5 0

Answer:

$46/ share

Explanation:

The book value per share is calculated by dividing the common shareholders equity by the number of outstanding shares. In the given case Weyerhaeuser Incorporated has 1 million shares outstanding and the common shareholders equity worth's $46 million. The book value per share is

$46 million common shareholder equity / 1 million outstanding shares

= $46 per share.

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