Score: 0 of 3 pts 5 of 7 (5 complete) HW Score: 48.89%, 7.33 P7-19 (similar to) Question Help Book and liquidation value The balance sheet for Gallinas Industries is as follows, E. Additional information with respect to the firm is available: : Data Table - X 1. Preferred stock can be liquidated at book value. 2. Accounts receivable and inventories can be liquidated at 869 of book value. 3. The firm has 10,000 shares of common stock outstanding 4. Al interest and dividends are current y paid up 5. Land and buildings can be liquidated at 135% of book value. 6. Machinery and equipment can be liquidated at 75% of book value. 7. Cash and marketable securities can be liquidated at book value. Given this information, answer the following: Gallinas Industries Balance Sheet December 31 Assets Liabilities and Stockholders' Equity Cash S S a. What is Gallinas Industries' book value per shars? b. What is its liquidation value per shere? . Gallinas Industrios' book valuc per share is S 19.07. (Round to the nearest cont.) 30.000 40.160 Marketable securities Accounts payable Notes payable Accrued wages 40,160 45,180 45,180 Accounts receivable 65.250 105,120 b. Gallinas Industries' liquidation value per share is $50.2. (Round to the nearest cent.) S 130,620 S 240,840 S 120,480 S 97.93 Inventories Total current assets Land and buildings (net) Machinery and equipment Tolal fixed assels (nol) S 60,240 163 225 Total current liabilities Long-term debt Preferred stock Common stock (10,000 shares) Rolained earrings Total liabilities and stockholders' equity ' 115,460 75,300 S 261,160 S SC2 DDD S 502,000 Total assets Print Done Enter your answer in the answer box and then click Check Answer. 1 part minica Clear All Check