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QUESTION

Ohio Plastics has the following net worth on its balance sheet Common Stock ($1.

Ohio Plastics has the following net worth on its balance sheet

Common Stock ($1.50 per

value)

$3,300,000

Contributed Capital In

Excess-of-Par

25,400,000

Net Worth $28,700,000

How many shares outstanding does the firm have?

What is the average price per share?

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