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Magna Corporation has shareholders' equity of $200,000. Of this amount, preferred equity is $50,000. 5,000 common shares have been authorized and 4,000 common shares are
Magna Corporation has shareholders' equity of $200,000. Of this amount, preferred equity is $50,000. 5,000 common shares have been authorized and 4,000 common shares are outstanding. Calculate the book value per common share?
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
10th Canadian edition Volume 2
978-0134213118, 134213114, 133855384, Google Book, 978-0133855388
