Question: Marcus Nurseries Inc. ' s 2 0 0 5 balance sheet showed total common equity of $ 2 , 0 5 0 , 0 0
Marcus Nurseries Inc.s balance sheet showed total common equity of $ which included $ of retained earnings. The company had shares of stock outstanding which sold at a price of $ per share. If the firm had net income of $ in and paid out $ as dividends, what would its book value per share be at the end of assuming that it neither issued nor retired any common stock?
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