JAMB Accounting 2009 Objective — Question 46
Question 46 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2009 Objective paper, with the correct answer and a full explanation.
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46. The book value per share is obtained by dividing
- A. shareholders' equity by outstanding sharesCorrect
- B. total assets by outstanding shares
- C. gross profit by outstanding shares
- D. net profit by outstanding shares
Explanation
Book value per share = Shareholders' equity / Outstanding shares.
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