I came across a question from Kaplan’s practice exam which I cannot figure out.
It is asking for the book value per share and RI in year 2019.
To my understanding, RI uses BEG BV. My questions is, is 2019 BEG BV the same as 2018 END BV?
I came across a question from Kaplan’s practice exam which I cannot figure out.
It is asking for the book value per share and RI in year 2019.
To my understanding, RI uses BEG BV. My questions is, is 2019 BEG BV the same as 2018 END BV?
yes
Yes. END BV of 2019 is BEG of 2020 and so on.