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1. Preferred stock can be liquidated at book value. 2. Accounts receivable and inventories can be liquidated at 89% of book value. 3. The firm

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1. Preferred stock can be liquidated at book value. 2. Accounts receivable and inventories can be liquidated at 89% of book value. 3. The firm has 10,000 shares of common stock outstanding. 4. All interest and dividends are currently paid up. 5. Land and buildings can be liquidated at 115% of book value. 6. Machinery and equipment can be liquidated at 66% of book value. 7. Cash and marketable securities can be liquidated at book value. Given this information, answer the following: a. What is Gallinas Industries' book value per share? b. What is its liquidation value per share? a. Gallinas Industries' book value per share is \& (Round to the nearest cent.) b. Gallinas Industries' liquidation value per share is \$ (Round to the nearest cent.) Data table

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