calculate the corporation's book value per share.
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Information on shareholder's equity as currently shown on the books of a corporation is given as:
Common shares ($2.00 par value) $350,000
Capital in Excess of Par $0
Retained Earnings $7,800,000
From this information, calculate the corporation's book value per share.
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Solution Summary
Shows how to calculate the book value per share for a firm given common shares, capital in excess of par and retained earnings.
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