What is the liquidation value per share of krueger company

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Problem 1: The excess of selling price and par value is recorded under which account?

a. Additional paid in capital

b. Treasury stock

c. Common share of stock

d. Preferred share of stock

Problem 2: Market value of Krueger company's total asset is Php3,000,000, total liabilities of Php1,000,000, liquidation expenses of Php100,000 and outstanding common stock of 100,000 shares. What is the liquidation value per share of Krueger company?

a. Php1 per share

b. Php20 per share

c. Php19 per share

d. Php30 per share

Reference no: EM132809378

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