10 free Series 7 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
Series 7 Practice Test 6Tutor mode
Question 1 of 10
Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records
A company reports total assets of $50 million, including $3 million of goodwill, total liabilities of $30 million and preferred stock at a par value of $5 million. It has 3 million common shares outstanding. Using net tangible assets, what is the book value per common share?