Reference no: EM132847425

Book and liquidation value   

1. Preferred stock can be liquidated at book value.

The balance sheet for Gallinas Industries is as? follows, table:

. Additional information with respect to the firm is? available:

2. Accounts receivable and inventories can be liquidated at 87?% of book value.

3. The firm has 10,000 shares of common stock outstanding.

4. All interest and dividends are currently paid up.

5. Land and buildings can be liquidated at 135?% of book value.

6. Machinery and equipment can be liquidated at 67?% of book value.

7. Cash and marketable securities can be liquidated at book value.