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The balance sheet items correspond to values at year-end of 2010 and 2011, while the income statement items correspond to revenues or expenses during the

The balance sheet items correspond to values at year-end of 2010 and 2011, while the income statement items correspond to revenues or expenses during the year ending in either 2010 or 2011. All values are in thousands of dollars.

Fincorp Inc.
2010 2011
Revenue $4,000.00 $4,100.00
COGS 1,600.00 1,700.00
Depreciation 500.00 520.00
Inventories 300.00 350.00
Admin Expenses 500.00 550.00
Interest Exp 150.00 150.00
Fed and state taxes 400.00 420.00
Accounts payable 300.00 350.00
Accounts receivable 400.00 450.00
Net fixed assets 5,000.00 5,800.00
Long-term debt 2,000.00 2,400.00
Notes payable 1,000.00 600.00
Dividends paid 410.00 410.00
Cash and marketable securities 800.00

300.00

28.Balance Sheet.Examine the values for depreciation in 2011 and net fixed assets in 2010 and 2011. What was Fincorp's gross investment in plant and equipment during 2011? 29. Book versus market value. Suppose that the market value (in thousands of dollars) of Fincorp's fixed assets in 2011 is $6,000 and that the value of its long-term debt is only $2,200. In addition, the consensus among investors is that Fincorp's past investments in developing the skills of its employees are worth $2,900. The investment of course does not show up on the balance sheet. What will be the price per share of Fincorp stock?.

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