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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
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