Wildcat Corporation recently disclosed the following financial information: Earnings/revenue: Assets: Liabilities: Shares outstanding Market price $2,189,246 $8,400,000 $1,674,610 575,898 $33.00 per share Calculate the book value per share if earnings fall to $1,459,497. Based on current information, the book value per share is $11.68. Based on current information, the book value per share is $11.65. Based on current information, the book value per share is $12.68. Based on current information, the book value per share is $10

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Wildcat Corporation recently disclosed the following financial
information:
Earnings/revenue:
Assets:
Liabilities:
Shares outstanding
Market price
$2,189,246
$8,400,000
$1,674,610
575,898
$33.00 per share
Calculate the book value per share if earnings fall to
$1,459,497.
O
Based on current information, the book value per share is
$11.68.
Based on current information, the book value per share is
$11.65.
Based on current information, the book value per share is
$12.68.
Based on current information, the book value per share is
$10.68,
Transcribed Image Text:Wildcat Corporation recently disclosed the following financial information: Earnings/revenue: Assets: Liabilities: Shares outstanding Market price $2,189,246 $8,400,000 $1,674,610 575,898 $33.00 per share Calculate the book value per share if earnings fall to $1,459,497. O Based on current information, the book value per share is $11.68. Based on current information, the book value per share is $11.65. Based on current information, the book value per share is $12.68. Based on current information, the book value per share is $10.68,
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