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please help c and D is not 12.95 or 0.45 respectively. I tried those not correct please help Check my wc The founder of Alchemy
please help
c and D is not 12.95 or 0.45 respectively. I tried those not correct please help
Check my wc The founder of Alchemy Products Inc. discovered a way to turn gold into lead and patented this new technology. He then formed a corporation and invested $900,000 in setting up a production plant. He believes that he could sell his patent for $25 million. a. What is the book value of the firm? (Enter your answer in dollars not in millions.) b. What is the market value of the firm? (Enter your answer in dollars not in millions.) c. If there are two million shares of stock in the new corporation, what would be the book value per share? (Round your answer to 2 decimal places.) d. If there are two million shares of stock in the new corporation, what would be the price per share? (Round your answer to 2 decimal places.) a. Book value b. Market value $ 900,000 $ 25,900,000 CE Book value per share Price per share d. HNStep by Step Solution
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