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Enscoe Enterprises, Incorporated (EE) has 300,000 shares authorized, 230,000 shares issued, and 60,000 shares of treasury stock. At this point, EEt has $980,000 of assets. $130,000 ilabilities, $580,000 of common stock, and $270,000 of retained earnings. Further, assume that the maricet value of EEr'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 EEI's common stock. Complete this question by entering your answers in the tabs below. Determine the number of shares of stock that is outstanding. Determine the book value per share. Provide a rational explanation for the difference between the book value per share and the market value pershare of EEIs' common stock. \begin{tabular}{|c|c|c|c|} \hline 1. & Market vatue it & than the boo & \\ \hline 2. & & is a measure of historical cost, while & is a measure of curtent values. \\ \hline \end{tabular} Enscoe Enterprises, Incorporated (EE) has 300,000 shares authorized, 230,000 shares issued, and 60,000 shares of treasury stock. At this point, EEt has $980,000 of assets. $130,000 ilabilities, $580,000 of common stock, and $270,000 of retained earnings. Further, assume that the maricet value of EEr'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 EEI's common stock. Complete this question by entering your answers in the tabs below. Determine the number of shares of stock that is outstanding. Determine the book value per share. Provide a rational explanation for the difference between the book value per share and the market value pershare of EEIs' common stock. \begin{tabular}{|c|c|c|c|} \hline 1. & Market vatue it & than the boo & \\ \hline 2. & & is a measure of historical cost, while & is a measure of curtent values. \\ \hline \end{tabular}