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Enscoe Enterprises, Inc. (EEI) has 300,000 shares authorized, 230,000 shares issued, and 60,000 shares of treasury stock. At this point, EEl has $980,000 of assets.

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Enscoe Enterprises, Inc. (EEI) has 300,000 shares authorized, 230,000 shares issued, and 60,000 shares of treasury stock. At this point, EEl has $980,000 of assets. $130,000 liabilities, $580,000 of common stock, and $270,000 of retained earnings. Further, assume that the market value of EEI's common stock is $7 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 ans below. Required A Required B Required C Determine the number of shares of stock that is ou Shares outstanding shares Required B Enscoe Enterprises, Inc. (EEN) has 300,000 shares authorized, 230,000 shares issued, and 60,000 shares of treasury stock. At this point, EEl has $980,000 of assets. $130,000 liabilities, $580,000 of common stock, and $270,000 of retained earnings. Further, assume that the market value of EE's common stock is $7 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 valide per share and the market value per share of EEl's com stock Complete this question by entering your answers in the tabs below. Required A1 Required B Required C Determine the book value per share. Book value per share (Required A Required c > Enscoe Enterprises, Inc. (EEI) has 300,000 shares authorized, 230,000 shares issued, and 60,000 shares of treasury stock. At this point, EEl has $980,000 of assets. $130,000 liabilities. $580,000 of common stock, and $270,000 of retained earnings. Further, assume that the market value of EEl's common stock is $7 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 C Provide a rational explanation for the difference between the book value per share and the market value per share of EEI's common stock. 1 Market value is than the book value is a measure of histoncal cost while is a measure of current values

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