Nikos Company has cash dividends of €210,000 and net income of €620,000.Its ordinary shareholders' equity is €2,000,000 and it has 200,000 ordinary shares outstanding.The book value per share for the Nikos Company is:
A) €10\share.
B) €1.05\share.
C) €3.10\share.
D) Cannot be determined based on the information provided.
Correct Answer:
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