Solution-What was the book value per share at the end of

What was the book value per share at the end of last year

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Question - The following information was taken from last year's financial statements of Dianice Industries:

Current Liabilities 60,000

Long-term Liabilities 180,000

Preferred Stocks 50,000

Number of Common Shares Outstanding 10,000

Required - The company has a debt-to-equity ratio of 0.96 to 1 at the end of last year. What was the book value per share at the end of last year?

Reference no: EM132637931

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What was the book value per share at the end of last year

Reference no: EM132637931

Reference no: EM132637931

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