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The following data were gathered from the annual report of Desk Products. (2 pts.) Market price per share $ 30.00 Number of common shares outstanding

The following data were gathered from the annual report of Desk Products. (2 pts.) Market price per share $ 30.00 Number of common shares outstanding 10,000 Preferred stock, 5% $100 par $ 10,000 Total shareholders equity $140,000 Calculate the book value per share. (Points : 2)

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