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Requirements: - With the given balance sheet data: Common Stock: $220,000 Total Equity: $1,500,000 Outstanding Shares: 120,000 - Calculate the book value per share. -

Requirements: - With the given balance sheet data:

Common Stock: $220,000
Total Equity: $1,500,000
Outstanding Shares: 120,000 - Calculate the book value per share. - Express the book value per share as a numerical value. - Provide the calculated book value per share. -

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