1.) The following account balances have been provided for the end of the most recent year:

Total assets	$480,000
Total stockholder's equity	$450,000
Total common stock (5,000 shares)	$50,000
Total preferred stock (1,000 shares)	$10,000

The book value per share of common stock is:

(PLEASE SHOW HOW U GOT THE ANSWER)

A. $75

B. $96

C. $80

D. $88

2.) Threets Corporation's most recent comparative balance sheet appears below:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$41	$40
Accounts receivable	89	81
Inventory	88	81
Property, plant and equipment	500	404
Less accumulated depreciation	183	177
Total assets	$535	$429
Liabilities and stockholder's equity:
Accounts payable	$62	$71
Bonds payable	57	72
Common stock	47	42
Retained earnings	369	244
Total liabilities and stockholder's equity	$535	$429

The company's net income for the year was $150 and it paid a cash dividend. It did not dispose of any property, plant, and equipment during the year. The company did not issue any bonds payable or repurchase any of its own common stock.

The free cash flow for the year was:

(PLEASE SHOW WORK FOR RATING)

A. $36

B. $107

C. $11

D. $340