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Calculate the book value per share:

Calculate the book value per share:
common stock, $1 par, 100,000 shares authorized-$80,000
additional paid in capital common-60,000
retained earnings-40,000
total contributed capital and retained earnings-180,000
less treasury stock (2,000 common shares at cost)-20,000
total stockholders equity 160,000

This question was asked on May 11, 2010.

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