) For a listed company of ABC, total book value of assets is 40 million, total market value of current assets is 20 million; total market value of fixed assets is 25 million, total current & non-current liabilities is 17.5 million, & total retained earning is 4.5 million. Total number of shares of the company is 2.5 million. Determine Current Price per share. B) How should we consider investment decision by comparing between market price and hook value of the security?
) For a listed company of ABC, total book value of assets is 40 million, total market value of current assets is 20 million; total market value of fixed assets is 25 million, total current & non-current liabilities is 17.5 million, & total retained earning is 4.5 million. Total number of shares of the company is 2.5 million. Determine Current Price per share. B) How should we consider investment decision by comparing between market price and hook value of the security?
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 6CE
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A) For a listed company of ABC, total book value of assets is 40 million, total market value of current assets is 20 million; total market value of fixed assets is 25 million, total current & non-current liabilities is 17.5 million, & total
B) How should we consider investment decision by comparing between market price and hook value of the security?
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