1. The book value of 4 million shares of Zircon Global Ltd. is $34 million. What...

1. The book value of 4 million shares of Zircon Global Ltd. is $34 million. What is the book value per share of Zircon Global Ltd?

$136.00 per share
$8.50 per share
$4.00 per share
$0.60 per share
$30.00 per share

2. 39. The book value per share of Topaz General Ltd. is $10 per share and the company has a total of 4 million shares. Calculate the total book value of common equity of the company.

$4 million
$10 million
$400 million
$40 million
$100 million

3. Amber Devices Ltd. has total assets worth $900 million and total liabilities worth $475 million at the end of December 31, 2016. What is the amount of money received by the stockholders, if Amber liquidates all of its assets for $850 and pays off all of its outstanding debt?

$850 million
$475 million
$1,325 million
$425 million
$375 million

Solutions

Expert Solution

Answer 1 ;

Book Value per share = Total Book value / No. of share

= 34 milion / 4 million ==> 8.50 per share

Answer 2.39 :

Total Book Value = Book Value per Share * No. of shares

= 10 per share * 4 million ==> 40 million

Answer 3 :

Money received by stockholder = Money received by liquidating asset – Outstanding liablities

= 850 – 475 ==> 375 million

jeff jeffy answered 1 year ago

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