What is gallinas? industries book value per share?

Assignment Help Financial Accounting
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??

Reference no: EM132864741

Questions Cloud

What is the estimated value of the common? stock : The next dividend is expected to be $3.18. If the required return is 12%?, what is the estimated value of the common? stock
Appraise about the evidence gathered : What do you think is the hardest aspect/item to appraise about the evidence gathered and/or requires a careful approach in appraising the evidence from this gro
Prepare the journal entry to record the sale of the asset : Prepare the journal entry to record the sale of the asset. Howard Company purchased equipment costing $29,300, with an estimated salvage value
How many light fixtures must be sold to break even : This market segment has become more competitive in the last 5 years. How many light fixtures must be sold to break even
What is gallinas? industries book value per share? : What is Gallinas? Industries' book value per share?? Accounts receivable and inventories can be liquidated at 88?% of book value.
Integrated program management report formats : Which one of the Integrated Program Management Report formats reports time phased budgets that are displayed showing current period
Transactional purchasing environment for one reason : Many organizations face remaining in a transactional purchasing environment for one reason or another.
What is the size of the annual investments must make to fund : At the end of each year until Mark starts college, what is the size of the annual (level) investments he must make to fund 4 years of Mark's college education?
How consumer demands affect company business decision : How consumer demands affect a company's business decision. How different ethical perspectives guide ethical decision making.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute how much able to withdraw at end of ten year

Suppose that you make a deposit of $2,500. Then you make nine additional annual deposits growing, how much will you be able to withdraw at the end of ten years?

  What revenues and expenses would hcc recognize in year

If HCC uses the percentage of completion method, what revenues and expenses would HCC recognize in year 2006, 2007, and 2008?

  Determine how much money will be in the account at the end

Equal year-end deposits into a savings account earning 7.60 percent per year. How much money will be in the account at the end of that time period?

  What amount should wright report as intercompany receivables

Intercompany payable to King Co. 101,000 In its December 31, year 1 consolidated balance sheet, what amount should Wright report as intercompany receivables?

  Find the direct materials quantity variance for last month

The per-unit standards for direct materials are 2 gallons at $4.00 per gallon. Find the direct materials quantity variance for last month

  How many units of each item to order

Joe decide how many units of each item to order. Many young people moving into apartments and new homes look forward to the excitement

  Income statement and computation of earnings per share

Preparation of an income statement and computation of earnings per share and prepare an income statement for the year 2007 starting with income from continuing operations before taxes. Compute earnings per share as it should be shown on the face of t..

  What gain should the couple recognize on the joint return

The couple sold the home for $650,000 and paid $36,000 in real estate commissions. What gain should the couple recognize on their joint return?

  Journalize the transactions

Journalizing the transaction of stock issue for cash and asset - Journalize the transactions.

  Compute the cash payments for operating expenses

Yaddof Corporation reports operating expenses of $70,000 excluding depreciation expense of $15,000 for 2014. Compute the cash payments for operating expenses in 2014.

  Prepare the journal entry on May

Concertgoers pay $80 for a four-day pass to the festival, Prepare the journal entry on May 1, 2016, assuming that all 10,000 tickets are sold on this date

  Calculate equivalent pre-split dividend

Find the Equity Retained - Evaluate Earnings Remaining and Calculate Dividend Payout Ratio - Calculate Equivalent Pre-Split Dividend

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd