Determine flina industries

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At year-end 2020, Flina Industries's balance sheet shows total assets of $780,000, total liabilities and preferred stock of $420,000 million, and 10,000 shares of common stock. Upon calculation, Flina Industries found that it could obtain $722,000 if it sold its assets today

Given this information, determine Flina Industries :

(i) Book value per share

(ii) Liquidation value per share

(iii) Discuss about the values found in parts a and b.

Reference no: EM132766189

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