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The authorized equity of Company New Ideas Inc. is 400,000 shares. Determine the book value of equity per share of the company if the different
The authorized equity of Company New Ideas Inc. is 400,000 shares. Determine the book value of equity per share of the company if the different values that appear in the accounting books of the company are the following: Common shares (Nominal value 1 per share): 260,000 ; Issuance premia: 30,000 ; Retained earnings: 70,000 ; Own shares (10,000 shares): 15,000 .
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