Book value per share of common stock is derived by which of the following
A. Stockholders equity divided by the number of shares authorized
B. Stockholders equity divided by the number of shares outstanding
C. Net income divided by the number of shares outstanding
D. Net income divided by the number of shares authorized
Answer:B
Book value per share of common stock is derived by which of the following
A. Stockholders equity divided by the number of shares authorized B. Stockholders equity divided by the number of shares outstanding C. Net income divided by the number of shares outstanding D. Net income divided by the number of shares authorized