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Big Surf Shop Provided the Following Information from Its 2015

Question 155

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Big Surf Shop provided the following information from its 2015 financial statements:
Big Surf Shop provided the following information from its 2015 financial statements:    A Calculate the book value per common share at year-end. B Indicate the usefulness of this ratio for Big Surf Shop. A Calculate the book value per common share at year-end.
B Indicate the usefulness of this ratio for Big Surf Shop.

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A Total stockholders' equity = $655,000 ...

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