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BE12.15 (LO 6) The statement of financial position for Lauren Ltd. shows the following: total equity 817,000, ordinary shares issued 44,000 shares, and ordinary shares

BE12.15 (LO 6) The statement of financial position for Lauren Ltd. shows the following: total equity

817,000, ordinary shares issued 44,000 shares, and ordinary shares outstanding 35,000 shares. Com- pute the book value per share. (No preference shares are outstanding.)

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