What will micromain book value per share

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Reference no: EM133372303

Question: Micromain company has 10,000,000 shares of common stock authorized and 8,000,000 shares outstanding, each with a$1.00 per value. The firm's additional pair in capital account has a balance of $18,000,000 The previous year retained account was $124,000,000. in the year just ended, Micromain generated net income of $16,000,000 and the firm has a dividend payout ratio of 40%, what will micromain book value per share when based on the final year and balance sheet?

Reference no: EM133372303

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