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Book and liquidation value The balance sheet for Gallinas Industries is as follows, Additional information with respect to the firm is available: 1. Preferred stock
Book and liquidation value The balance sheet for Gallinas 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 91% of book value. 3. 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 72% of book value. 7. Cash and marketable securities can be liquidated at book value. Given this information, answer the following: a. What is Gallinas Industries' book value per share? a. Gallinas Industries' book value per share is $ (Round to the nearest cent.) Data table Book and liquidation value The balance sheet for Gallinas 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 91% of book value. 3. 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 72% of book value. 7. Cash and marketable securities can be liquidated at book value. Given this information, answer the following: a. What is Gallinas Industries' book value per share? a. Gallinas Industries' book value per share is $ (Round to the nearest cent.) Data table
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