_____4. The following data were gathered from the annual report of YOUR, Inc.

Market price per share	$ 46.00
Number of common shares	12,000
Preferred stock, 4% $100 par	$ 10,000
Total Stockholders Equity	$268,000

I. The book value per share is:

a.	$0.00
b.	$23.16
c.	$21.50
d.	$22.33
e.	$46.00

2. II._____T or F Book value per share differs from market price per share. Book value measures the future potential of the firm and market value is based on historical values and financial reporting concepts reported in the income statement.

_____5. Jasper Corp, has the following Stockholders Equity account balances and activity for Year 2.

Net income		$12,700,000
Retained earnings	$15,250,000
Preferred stock shares outstanding	1,000
Common stock shares outstanding at January 1, Year 2	7,255,000
Additional Common shares issued at July 1, Year 2	20,000
3-for-1 stock split at December 31, Year 2
Preferred Dividends	$10,000
Common Dividends	$62,000
Year 1 EPS	$2.56

Earnings per share = __________________ / ___________________* = ________