Question
Given: Anoi Inc. has the following equity accounts: 5%, $50 Par Preferred $3,600,000 Common Stock, $0.50 par value $165,320 Capital Surplus (PIC) 2,876,145 Retained Earnings
Given: Anoi Inc. has the following equity accounts:
5%, $50 Par Preferred $3,600,000
Common Stock, $0.50 par value $165,320
Capital Surplus (PIC) 2,876,145
Retained Earnings 2,370,025
Then,
a. How many common shares are outstanding?
b. What is the average market price?
c. What is the current book value per share?
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Financial Management
Authors: I.M. Pandey
11th Edition
9325982293, 978-9325982291
