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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: The Duke of URL© who wrote (173051)2/12/2003 2:46:35 PM
From: GVTucker  Read Replies (1) of 186894
 
Duke, RE: Yes, but shareholders equity is not book value. Book value is the undepreciated amount of the assets on the books.

assets - liabilities = retained earnings therefore, retained earnings can't = assets


I'm sorry, Duke, but you really don't know what you're talking about.

To start, assets - liabilities = shareholder's equity.

Shareholder's equity is the same thing as book value. And it does indeed include retained earnings.

Book value per share of common stock is shareholder's equity divided by the common shares outstanding.

I'll cease with this exchange, because I doubt the thread has much interest. If you have any further interest I can steer you toward a number of books that you can use as a reference.
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