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A company has total book value of common stock equal to $650000, a par value of $1 per share, 150000 shares issued and outstanding,

A company has total book value of common stock equal to $650000, a par value of $1 per share, 150000 shares

A company has total book value of common stock equal to $650000, a par value of $1 per share, 150000 shares issued and outstanding, and the market value of the common stock is $85 a share. a. What is the company's additional paid-in capital? b. What is the market capitalization?

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