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The following information applies to the questions displayed below] Markus Company's common stock sold for $2.75 per share at the end of this year. The

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The following information applies to the questions displayed below] Markus Company's common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year, It also provided the following data excerpts from this year's financial statements: 15 Balance Bala Cash 35,000 $ 30,000 Inventory $55,000 $ 60,000 $150,000 $ 140,000 $450,000 $ 460,000 Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity $450,000 $130,000 $120,000 320,000 $340,000 $460,000 Sales (all on account) $ 700,000 Cost of goods sold$400,000 Gross margin Net operating income 140,000 Interest expense Net income $300,000 $ 8,000 $ 92,400 6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)

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