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    Jan 25, 2009, 02:26 PM
    compute book value
    The balance sheet for Werner Company shows the folllowing:

    Common Stock, $5 par value, 30,000 issued... $150,000

    Additional paid-in-capital in excess of par... $100,000

    Retained Earnings... $300,000

    Treasury Stock (5,000 shares)... $50.000

    Compute book value per share:

    A. $20
    B. $24.
    C. $22.
    D. $19


    I think the answer is A, can someone verify for me?

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