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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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