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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
When a company has both common shares and preferred shares outstanding, the book value of the common shares is calculated by dividing total shareholders' equity less preferred equity by the number of common shares outstanding.
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Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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ACC 925
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AlexmosutheAlexmosuthe
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