Which of the following is not true for Book Value of a share? * It depends on the balance sheet values It is always less than market price It is calculated as (share capital + reserves and surplus)/No. of equity shares O It is used to value unlisted companies' shares

Which of the following is not true for Book Value of a share? * It depends on the balance sheet values It is always less than market price It is calculated as (share capital + reserves and surplus)/No. of equity shares O It is used to value unlisted companies' shares

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 14MC: Which of the following is true of a stock dividend? A. It is a liability. B. The decision to issue a...

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Question

Which of the following is not true for Book Value of a share?
It depends on the balance sheet values
It is always less than market price
It is calculated as (share capital + reserves and surplus)/No. of equity shares
It is used to value unlisted companies' shares

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