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Question
Shareholder wealth in a firm is represented by ______________. (a) The number of people employed in the firm (b) The book value of the firm's assets less the book value of its liabilities (c) The amount of salary paid to its employees d) The market price per share of the firm's common stock
Shareholder wealth in a firm is represented by ______________. (a) The number of people employed in the firm (b) The book value of the firm's assets less the book value of its liabilities (c) The amount of salary paid to its employees d) The market price per share of the firm's common stock
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Solution
The correct option is (d).
Shareholder wealth in a firm is represented by the market price per share of the firm’s common stock.
The correct option is (d).
Shareholder wealth in a firm is represented by the market price per share of the firm’s common stock.
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