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Unformatted text preview: stock as the preferred stock is not callable. There was no common stock activity during the year. The book value of common stock is rarely identical to the market value. If the market value of asset is substantially different from their respective book values, then the book value per share measure loses most of its relevance....
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This note was uploaded on 11/15/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.
- Spring '09