How to compute book value?
A company has total assets of $182,280,421, current liabilities of $60,248,396, and long-term liabilities of $60,907,769. The company has 1,197,260 shares of common stock outstanding. Compute the company’s book value per share which is book value of equity divided by number of shares of common stock outstanding.
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total assets of $182,280,421, - (current liabilities of $60,248,396, + long-term liabilities of $60,907,769)/1,197,260 shares of common stock outstanding