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QUESTION 23 Dee's Corporation is a publicly owned company with 2009 Net Income of $375,000. Use the information taken from a recent balance sheet to

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QUESTION 23 Dee's Corporation is a publicly owned company with 2009 Net Income of $375,000. Use the information taken from a recent balance sheet to answer the question that follow. Stockholder's Equity Convertible $0.95 preferred stock, S2.75 par value S687,500 7,000,000 shares authorized; 250,000 shares issued and outstanding Common stock, par value S0.75; 9,000,000 shares authorized $337,500 $562,500 $75,000 S1,662,500 Contributed Capital in excess of par Retained earnings Total Stockholder's Equity What is the market price per share of common stock? $0.75 $0.95 $2.75 $2.00

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