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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 avails 1. Preferred stock

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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 avails 1. Preferred stock can be liquidated at book value. 2. Accounts receivable and inventories can be liquidated at 87% 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 125% of book value. 6. Machinery and equipment can be liquidated at 73% 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? b. What is its liquidation value per share

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