You are given the following information: Capital Stock, USD 80,000 (USD 80 par); Paid-In Capital in… 1 answer below »
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You are given the following information: Capital Stock, USD 80,000 (USD 80 par); Paid-In Capital in Excess of Par Value—Common, USD 200,000; and Retained Earnings, USD 400,000. Assuming only one class of stock, the book value per share is:
a. USD 680.
b. USD 280.
c. USD 80.
d. USD 400.
e. None of the above.
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