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Acme Widget, Inc

Question 23

Multiple Choice

Acme Widget, Inc. has 1,000 shareholders who own a total of one million shares of its common stock. The company earned $10 million after taxes and paid out $4 million in dividends. The firm has assets of $125 million and liabilities of $25 million. What is the book value per share?


A) $4
B) $125
C) $10
D) $100
E) $25

Correct Answer:

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