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No.5 (i) Presented below is the information necessary to compute the net assets and book value per share of common stock for Ahora Advertising, Inc:
No.5 (i) Presented below is the information necessary to compute the net assets and book value per share of common stock for Ahora Advertising, Inc: 8% cumulative preferred stock, $100 par(callable at $110) $300,000 Common stock, $5 par, authorized 100,000 shares 450,000 Additional paid-in-capital 679,200 Retained earning 130,200 Dividends in arrears on preferred stock, 1 full year 24,000 Compute: book value per share of common stock(marks 6)
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