Calculate amount of book value per share for common stock

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Question - Menza Company has stockholders' equity accounts as follows:

Common stock (100,000 shares @ $10 par value).......................$1,000,000

Additional paid-in capital on common stock.................................. 750,000

Retained earnings......................................................................... 600,000

Calculate the amount of book value per share for common stock and summarize briefly what that figure means in relation to the current market value of the stock.

Reference no: EM131829178

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