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16. If there are 1 million shares of $0.50 par value, what are the book value per share and the revised net asset value (RNAV)
16. If there are 1 million shares of $0.50 par value, what are the book value per share and the revised net asset value (RNAV) per share? Book value Market value Borrowings $0 $0 Current Liabilities $1.0m $1.0m Current Assets $1.5m $1.4m Fixed Assets - Land $1.0m $2.0m Eqpt $0.5m $0.3m Bldg $1.0m $3.0m 17. Continuation from Q16. Determine the RNAV if: a) the book value of common stock is $500,000 with a par value of $0.25 each? b) the book value of common stock is $500,000 with a par value of $1.00 each?|
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