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    Fundamental Accounting Principles Study Set 5
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    Exam 13: Accounting for Corporations
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    A Company Has $595,000 in Total Shareholders' Equity
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A Company Has $595,000 in Total Shareholders' Equity

Question 184

Question 184

True/False

A company has $595,000 in total shareholders' equity. Preference shares outstanding are valued at $150,000, and 75,000 ordinary shares are outstanding. Its book value per ordinary share is $7.93.

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