A company has 1000 shareholders who own a total of two


A company has 1,000 shareholders who own a total of two million shares of its common stock currently selling at $88.00 per share. The company earned $14,000,000 after taxes. The annual dividend is $0.60 per share. The firm has assets of $132,000,000 and liabilities of $23,000,000. What is the book value per share of common stock?

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Financial Management: A company has 1000 shareholders who own a total of two
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