Business, 21.02.2020 04:28 razielcornils04

YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 shares outstanding. During 2014, the firm had $525,000 of net income and paid out $125,000 in dividends. What was the book value per share at 2014 year end (Dec. 31, 2014) assuming no stock was either issued or retired during 2014?

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YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 sh...

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