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QUESTION 48 The original owners of Jam Up And Jelly Tight Music Corporation began the company some years ago with $100.000 of their own funds

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QUESTION 48 The original owners of Jam Up And Jelly Tight Music Corporation began the company some years ago with $100.000 of their own funds and purchased $150,000 in assets The total (cumulative) amount of retained earnings to the presentare $820.000 No additional common or preferred shares were issued What is Jam Up & Jelly Tight's current book value? $50,000 $100,000 $150,000 $820.000 $920,000 3970 000 QUESTION 49 Brooklyn Boer oamed $450 million last year when its book value was $25 billion What was its ROE on por share basis? 1125% 556% 10% noud to know number of shares

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