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    Market and book value per share

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    Superior Medical System's 2005 balance sheet showed total common equity of $2,050,000. The company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. By how much did the firm's market value and book value per share differ?

    $36.75
    $38.25
    $39.50
    $40.25
    $51.00

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    https://brainmass.com/business/accounting/market-and-book-value-per-share-221133

    Solution Preview

    Superior Medical System's 2005 balance sheet showed total common equity of $2,050,000.  The company had 100,000 shares of stock outstanding which sold at a price of $57.25 per ...

    Solution Summary

    Calculates difference between market value and book value per share.

    $2.19

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