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Table 1 Sunny Side Savings Bank Balance Sheet for Year Ended December 31, 2002 Assets Cash and marketable securities $83,441,700 Mortgage loans 815,235,000 Fixed assets
Table 1 | ||||
Sunny Side Savings Bank | ||||
Balance Sheet for Year Ended | ||||
December 31, 2002 | ||||
Assets | ||||
Cash and marketable securities | $83,441,700 | |||
Mortgage loans | 815,235,000 | |||
Fixed assets | 60,423,300 | |||
Total assets | $959,100,000 | |||
Liabilities | ||||
Savings accounts | $817,153,200 | |||
Other liabilities | 83,077,000 | |||
$900,230,200 | ||||
Capital stock | $900,000 | |||
Retained earnings | 57,969,800 | |||
$58,869,800 | ||||
Total claims | $959,100,000 | |||
0 | ||||
Table 1 presents Sunny Side's balance sheet at the end of 2002. Using information contained in the balance sheet, calculate Sunny Side's net-worth-to-assets ratio, the number of shares of stock outstanding, and the book value per share of common stock. |
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