Assuming there is no preferred stock outstanding, how can the book value per share of common stock

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Assuming there is no preferred stock outstanding, how can the book value per share of common stock be determined? Of what significance is the book value per share? What is the relationship of book value per share to market value per share?

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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