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Book value per share

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Reference no: EM13858239

Balance Sheet of the Mead Food Company:

What is the Book Value Per Share based on the information attached?

If the market price per share $50 for Mead Food Company, what is the total value of Mead Food Company?

Mead Food Inc.

Balance Sheet (Partial)

Stockholder's equity

 

Paid-in-capital

 

Common stock, $5 par value, 100,000 shares issued and 96,000 shares outstanding

$500,000

Retained earnings

200,000

Total paid-in capital and retained earnings

700,000

Less: Treasury Stock (4,000 Shares)

32,000

Total stockholder's equity

$668,000

 

Reference no: EM13858239

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