Sona International has assets of $250 million, liabilities of $200 million and preference shares valued at $20 million. There are 1,500,000 ordinary shares in Sona International. The market price of the shares is $30. Jena is interested in knowing the (i) Book value, (ii) Book value per share, and (iii) Price to book value ratio of Sona International. Discuss the benefits and limitations of fundamental analysis.

Sona International has assets of $250 million, liabilities of $200 million and preference shares valued at $20 million. There are 1,500,000 ordinary shares in Sona International. The market price of the shares is $30. Jena is interested in knowing the (i) Book value, (ii) Book value per share, and (iii) Price to book value ratio of Sona International. Discuss the benefits and limitations of fundamental analysis.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section2.A: Taxes

Problem 8P

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