The balance sheet for Lauren Inc. shows the following: total paid-in capital and retained earnings $850,000,...
The balance sheet for Lauren Inc. shows the following: total
paid-in capital and retained earnings $850,000, total stockholders’
equity $819,000, common stock issued 41,000 shares, and common
stock outstanding 35,000 shares.
Compute the book value per share. (No preferred stock is
outstanding.) (Round answer to 2 decimal places, e.g.
15.25.)
Homework Answers
| Book value per share = Total stockholders’ equity/Common stock outstanding = 819000/35000= | 23.4 | ||||||||
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The balance sheet for Lauren Inc. shows the following: total
paid-in capital and retained earnings $850,000,...
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Required information (The following information applies to the questions displayed below.) Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock-5% cumulative, . authorized, issued, and outstanding Common stock-$ and outstanding Retained earnings par value, 1,000 shares $ 60,000 par value, 4,e00 shares authorized, issued, 140,000 400,000 s 600,000 Total stockholders equity 1. What are the par values of the corporation's preferred stock and its common stock? Par Value Corporation's preferred stock Corporation's common stock Required information (The...
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