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At year-end, Rebos Companys financial statements showed sales of $820 million, net income of $425 million, total assets of $750 million, total liabilities (including preferred
At year-end, Rebos Companys financial statements showed sales of $820 million, net income of $425 million, total assets of $750 million, total liabilities (including preferred stock) of $735 million, and 1.20 million shares of common stock outstanding. Rebos has been offered $742.50 million to sell its assets. Based on this information, calculate the companys book value per share and liquidation value per share of common stock, respectively.
$15.00 and $7.50
$12.50 and $6.25
$15.00 and $6.50
$14.00 and $7.50
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