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Calculate the company book value per share at year-end

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Question - Share value - At the end of last year a company had 12 million shares ($2.50 par value) outstanding and total owners' equity of $96 million. Net income in the past year was $25 million, and 11.5 million shares were outstanding on average during the year.

a. What is the remaining obligation, if any, of a share-holder who purchased shares from the company at $1.00 per share?

b. What is the remaining obligation, if any, of a share- holder who purchased shares from the company at $10.00 per share?

c. Calculate the company's book value per share at year-end.

d. Calculate the company's earnings per share for the year.

Reference no: EM133104655

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