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What was the book value per common share

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Problem 1: At the end of 20X2, EZ Storage Company reported 15,000 outstanding common shares that were trading at $40/share. Total liabilities were $440,000 and total assets were $860,000. The company had no preferred shares. What was the book value per common share?

Multiple Choice

A) $28.00
B) $13.90
C) $14.00
D) $29.00

Reference no: EM132928924

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