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A company has 1,000 shareholders who own a total of two million shares of its common stock currently selling at $88.00 per share. The company
A company has 1,000 shareholders who own a total of two million shares of its common stock currently selling at $88.00 per share. The company earned $12,000,000 after taxes. The annual dividend is $0.80 per share. The firm has assets of $132,000,000 and liabilities of $22,000,000. What is the book value per share of common stock? Multiple Choice $52.00 $60.00 None of the above is correct. $55.00 $52.00 $60.00 None of the above is correct. $55.00 $58.00
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