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betterway betterway
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7 years ago
At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred stock) of $45 million, and 1,000,000 shares of common stock outstanding. Based on this information, Tangshan's book value per share of common stock is ________.
A) $105
B) $10.50
C) $15
D) $150
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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betterway Author
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7 years ago
Thanks
karamsidhu1
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Yesterday
Smart ... Thanks!
gefa
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2 hours ago
Good timing, thanks!
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