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Pumpkin Farms Company has R85 000 000 in assets, R40 000 000 in liabilities and ...

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Pumpkin Farms Company has R85 000 000 in assets, R40 000 000 in liabilities and R45 000 000 in ordinary shareholders’ equity. It has 1 400 000 ordinary shares outstanding. The replacement cost of the assets is R115 000 000. What is Pumpkin’s book value per share? 

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