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The following account balances have been provided for the end of the most recent year: Total assets.......................................$180,000 Total stockholders' equity......................$150,000 Total common stock..............................$60,000 (5,000 shares)
The following account balances have been provided for the end of the most recent year: Total assets.......................................$180,000 Total stockholders' equity......................$150,000 Total common stock..............................$60,000 (5,000 shares) Total preferred stock.............................$10,000 (1,000 shares) The book value per share is: a. $28 b. $25 c. $36 d. $34
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