What is the book value per share for waterway industries

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Reference no: EM133001994

Waterway Industries had the following information in its financial statements for the years ended 2020 and 2021:

Cash dividends for the year 2021 $ 10000

Net income for the year ended 2021 92500

Market price of stock, 12/31/20 9

Market price of stock, 12/31/21 11

Common stockholders' equity, 12/31/20 1586000

Common stockholders' equity, 12/31/21 1980000

Outstanding shares, 12/31/21 156000

Preferred dividends for the year ended 2021 15000

Problem 1: What is the book value per share for Waterway Industries for the year ended 2021?

Reference no: EM133001994

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