Read the following information carefully and answer the question. The Balance Sheet of ABC Ltd as on 31 March 2022:
Additional information : 1. Market price of share = 34 2. Net profit after tax = 1,50,000 3. Tax = 50,000 |
Book Value per share will be : |
₹10 ₹14.60 ₹11.68 ₹12.1 |
₹14.60 |
The correct answer is option 2- ₹14.60. Book value per share = Equity shareholders funds/ No. of equity shares Shareholders’ Fund = Equity Share Capital + Preference Share Capital + General Reserve Equity shareholder fund = Shareholders’ Funds – Preference Share Capital. |