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nata0808 [166]
2 years ago
8

Business communication

Business
1 answer:
KATRIN_1 [288]2 years ago
7 0

Answer:

We do this so that people can see your business and how it is

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Brown Fashions Inc.'s December 31, 2018 balance sheet showed total common equity of $4,050,000 and 265,000 shares of stock outst
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Answer: $16.60

Explanation:

The following information can be gotten from the question:

Total common equity = $4,050,000 Shares of stock outstanding = 265,000

Net Income = $450,000

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Based on the information given, the book value per share will be calculated as:

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= $4,400,000 / 265,000

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