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QUESTION 17 Dawson Inc.'s December 31, 2019, balance sheet showed total common equity of $4,050,000 and 200,000 shares of stock outstanding. During 2019, the firm
QUESTION 17 Dawson Inc.'s December 31, 2019, balance sheet showed total common equity of $4,050,000 and 200,000 shares of stock outstanding. During 2019, the firm had $450,000 of net income, and it paid out $100,000 as dividends. What was the book value per share at 12/31/19, assuming no common stock was either issued or retired during 2019? a $20.90 b. $22.00 c. $23.10 d. $24.26 Oe. $25.47
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
