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Nikos Company has cash dividends of 210,000 and net income of 620,000. At yearend, its ordinary shareholders equity is 2,000,000 and it has 200,000 ordinary
Nikos Company has cash dividends of 210,000 and net income of 620,000. At yearend, its ordinary shareholders equity is 2,000,000 and it has 200,000 ordinary shares outstanding.
Required:
Determine the book value per share for the Nikos Company.
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