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TRUE OR FALSE 1. Book value per share is the amount earned for every capital share owned by a shareholder 2. A share capital dividend

TRUE OR FALSE

1. Book value per share is the amount earned for every capital share owned by a shareholder

2. A share capital dividend that has been declared but not yet distributed should be reported as a current liability

3. Appropriation of retained earnings is necessary when the corporation reacquires its own share capital.

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