Book and liquidation value The balance sheet for Galinas Industries is as follows. Additional information with respect to the firm is available 1. Preferred stock can be liquidated at book value 2 Accounts receivable and inventories can be liquidated at 89% of book value 1 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 135% of book value 6. Machinery and equipment can be liquidated at 71% of book value 7. Cash and marketable securities can be liquidated at book value Given this information answer the following a. What is Galinas Industries book valve pershare? b. What is its quidation value per share? Uata laule Assets Cash Marketable securities $ 102,600 68.400 68.400 Accounts receivable Inventories Gallinas Industries Balance Sheet December 31 Liabilities and Stockholders' Equity S 35,000 Accounts payable 102.600 Notes payable 102,600 Accrued wages 179,550 Total current liabilities 5 419.750 Long-term debt $ 163 219 Preferred stock 272.031 Common stock (10,000 shares) 5.435.250 Retained earnings 5 855.000 Total abilities and stockholders' equity $ 239,400 $ 222 300 $ 102,600 Total current assets Land and buildings (net) Machinery and equipment Total faced assets (not) 162.450 128 250 Total assets 855000 Gallinas indecis book watu per share 5 Round the care cont . Galimas Industries Station vole share a Round to cont Co do sada Selebobo) OA Udah ham the poor dation to be growth books are und On behem for before to be greater than took overvind Ohh the other one to be the book anden ved hthem the food a book onderd