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Information on shareholder's equity as currently shown on the books of the Enstat Corporation is given as: Common shares ($2.00 par value) $350,000 Capital in
Information on shareholder's equity as currently shown on the books of the Enstat Corporation is given as: Common shares ($2.00 par value) $350,000 Capital in Excess of Par 0 Retained Earnings 7,800,000 Treasury Stock 400,000 (a) (5pt) The current market price of Enstat is $ 80.00, the same as the price paid for the Treasury stock. From this information, calculate Enstat's book value per share. (b) (5pt) If Enstat was to put their firm in place today the cost of the assets are estimated to be $9.5 million. The stock price is currently $ 80 per share and there is no debt outstanding. Calculate the market-to-book value and Tobin's Q ratio. (c) (5pt) How well is Enstat being managed
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