Foundations of Entrepreneurial Finance and Venture Funding Assessment
Module 1 • 10 Questions
Question 1 of 10
0 of 10 answered
Glucotrak has 2,000,000 equity shares issued and outstanding with a Face Value of $1.00 each, giving it a Share Capital of $2,000,000.00. Over three years it has accumulated Reserves and Surplus of $4,000,000.00. Its shares currently trade at a market price of $10.00 each. Based on the definitions in the notes, what is Glucotrak's Net Worth (Book Equity), its Book Value per Share, and its Market Capitalization?
A
Net Worth: $6,000,000.00; Book Value per Share: $3.00; Market Cap: $20,000,000.00
B
Net Worth: $2,000,000.00; Book Value per Share: $1.00; Market Cap: $20,000,000.00
C
Net Worth: $6,000,000.00; Book Value per Share: $10.00; Market Cap: $6,000,000.00
D
Net Worth: $4,000,000.00; Book Value per Share: $2.00; Market Cap: $12,000,000.00