ch. 11 homework

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Enscoe Enterprises, Inc. (EEI) has 340,000 shares authorized, 270,000 shares issued, and 60,000 shares of treasury stock. At this point, El has $1,000,000 of assets. $160,000 liabilities, $660,000 of common stock, and $180,000 of retained earnings. Further, assume that the market value of El's common stock is $6 per share. Required a. Determine the number of shares of stock that is outstanding b. Determine the book value per share. c. Provide a rational explanation for the difference between the book value per share and the market value per share of Eel's common stock. Complete this question by entering your answers in the tabs below. Required A Required B Required Determine the number of shares of stock that is outstanding, Share outstanding Red shares Required B > Enscoe Enterprises, Inc. (EE) has 340,000 shares authorized, 270,000 shares issued, and 60,000 shares of treasury stock. At this point, EEl has $1,000,000 of assets. $160,000 liabilities, $660,000 of common stock, and $180,000 of retained earnings. Further, assume that the market value of Eel's common stock is $6 per share. Required a. Determine the number of shares of stock that is outstanding. b. Determine the book value per share. c. Provide a rational explanation for the difference between the book value per share and the market value per share of EE's common stock. Complete this question by entering your answers in the tabs below. Required A Required B Required Determine the book value per share, Book value por ahore Enscoe Enterprises, Inc. (EEI) has 340,000 shares authorized, 270,000 shares issued, and 60,000 shares of treasury stock. At this point, EEl has $1,000,000 of assets. $160,000 liabilities, $660,000 of common stock, and $180,000 of retained earnings. Further, assume that the market value of El's common stock is $6 per share. Required a. Determine the number of shares of stock that is outstanding. b. Determine the book value per share. c. Provide a rational explanation for the difference between the book value per share and the market value per share of Eel's common stock. Complete this question by entering your answers in the tabs below. Required A Required 8 Required Provide a rational explanation for the difference between the book value per share and the market value per share of Bel's common stock. 1. Market value is than the book value is a measure of historical cont, while