Reference no: EM132864741

The balance sheet for Gallinas Industries is as? follows,. Additional information with respect to the firm is? available:

1. Preferred stock can be liquidated at book value.

2. Accounts receivable and inventories can be liquidated at 88?% 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 120?% of book value.

6. Machinery and equipment can be liquidated at 68?% of book value.

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

Given this? information, answer the? following:

Problem a. What is Gallinas? Industries' book value per share??

Problem b. What is its liquidation value per share??