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Part 2 Book value per share of Common stock (5 points each, 20%) Victory Co. has 60 000 shares of 1 yuan par value stock
Part 2 Book value per share of Common stock (5 points each, 20%) Victory Co. has 60 000 shares of 1 yuan par value stock outstanding. The largestsingle stockholder is Mr Huang, who owns 5 000 shares. On December 31, the total assets of the company amount to 1 580 000 yuan and total liabilities to 620 000 yuan. At that date, the board of directors declared a stock dividend of one new share for each four shares outstanding. Compute the following: (12%, 3 points cach) a. Book value per share before the stock dividend yuan Computation: b. Book value per share after stock dividend yuan Computation: c. Total book value of Mr Huang's stockholdings before the stock dividend yuan Computation: d. Total book value of Mr Huang's stockholdings after the stock dividend yuan Computation
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