"Book value per share" refers to:
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A. B. C. D.Explanation
The book value represents the company's liquidation or residual value at the amounts reported on the balance sheet. As such, it represents the "balance sheet" value of the common equity. Since total equity can include senior securities like preferred equity, "the per share value of the company's assets less the liabilities" and "the per share value of total equity of the firm" are incorrect.