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Menza Company has stockholders equity accounts as follows. Common stock (100,000 shares @ $15 par value) $ 1,500,000 Additional paid-in capital on common stock 750,000
Menza Company has stockholders equity accounts as follows.
| Common stock (100,000 shares @ $15 par value) | $ | 1,500,000 | |
| Additional paid-in capital on common stock | 750,000 | ||
| Retained earnings | 800,000 | ||
Calculate the amount of book value per share for common stock. (Round your answer to 2 decimal places.)
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The Mcgraw Hill 36 Hour Course In Finance For Non Financial Managers
Authors: Robert Cooke
2nd Edition
0071425462, 978-0071425469
