Shares of common stock outstanding

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Reference no: EM132044844

A company has total assets of $2.5 million, total liabilities of $1.3 million, and $125,000 worth of 8% preferred stock outstanding. What is the firm's total book value? Enter your answer in dollars and not in millions of dollars. $ What would its book value per share be if the firm had 25,000 shares of common stock outstanding? Round the answer to the nearest cent. $ per share.

Reference no: EM132044844

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