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 $200,(XX) in setting up a production plant He believes that he could sell his patent for $50 million a What are the book value and market value of t...

a Book value equals the 200000 the founder of the firm has c ...

The founder of Alchemy Products Inc. discovered a way to turn gold into lead and patented this

Question:

The founder of Alchemy Products Inc. discovered a way to turn gold into lead and patented this new technology. He then formed a and invested $200,(XX) in setting up a production plant. He believes that he could sell his patent for $50 million.
a. What are the book value and market value of the firm?
b. If there are 2 million shares of stock in the new what would be the price per share and the book value per share?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...