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Business, 13.03.2020 19:56 saltytaetae

Brown Fashions Inc.'s December 31, 2014, balance sheet showed total common equity of $4,050,000 and 200,000 shares of stock outstanding. During 2014, the firm had $450,000 of net income, and it paid out $100,000 as dividends. What was the book value per share at 12/31/14, assuming no common stock was either issued or retired during 2014

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Brown Fashions Inc.'s December 31, 2014, balance sheet showed total common equity of $4,050,000 and...
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