Question

XYZ Corporation has a net worth of 40431945, with 83014153 shares authorized and 52552937 shares issued....

XYZ Corporation has a net worth of 40431945, with 83014153 shares authorized and 52552937 shares issued. What is the Book Value, per share, of XYZ Corporation?

Express your answer in numeric format with two decimal places:   i.e., $1.15 = 1.15

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Answer #1

Net Worth = 40,431,945
Number of shares issued = 52,552,937

Book Value per share = Net Worth / Number of shares issued
Book Value per share = 40,431,945 / 52,552,937
Book Value per share = 0.77

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