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Bengal Wood Company has current assets of $316,000 and capital assets of $192,000. Current liabilities are $150,000 and long-term liabilities are $232,000. There is $40,000

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Bengal Wood Company has current assets of $316,000 and capital assets of $192,000. Current liabilities are $150,000 and long-term liabilities are $232,000. There is $40,000 in preferred stock outstanding and the firm has issued 25,000 shares of common stock. Compute book value (net worth) per share $ Book value per share

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