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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.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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AlexmosutheAlexmosuthe
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6 years ago
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