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Calculate the book value per share

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Question - Sunray Solar Ltd. is a growing company with a hot new marketing plan. On January 1, 2020, it had 128,750 shares outstanding, and it issued an additional 45.600 shares during the year. The company reported $4,091,850 in common shareholders' equity in its annual report for 2020. The market value per share trading on the East-West Stock Exchange was $38.00 on February 1. 2021. Calculate the book value per share for 2020.

Reference no: EM133159726

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