Enscoe Enterprises, Inc. (EEI) has 300,000 shares authorized, 240,000 shares issued, and 50,000 shares of treasury...

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Enscoe Enterprises, Inc. (EEI) has 300,000 shares authorized, 240,000 shares issued, and 50,000 shares of treasury stock. At LUMPIELE LIIis quesLIUR Dy enleriny your allswe Required A Required B Required C Determine the book value per share. Book val

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Answer 1

Answer #1

SOLUTION : 1

	CALCULATION OF NUMBER OF SHARES OUTSTANDING

	Shares issued =	2,40,000	Shares
	Less: Treasuy Stock	50,000	Shares
	Shares Outstanding	1,90,000	Shares

	Answer =	1,90,000	Shares


SOLUTION : 2

	BOOK VALUE PER SHARES = TOTAL ASSETS - LIABILITIES / Shares Outstanding

	Book Value =
	Total Assets =	$ 20,30,000
	Less: Liabilities	$ 1,30,000
	Net Assets value	$ 19,00,000
	Divide by	"/" By
	Shares Outstanding	1,90,000	Shares
	Book Value Per Shars =	10	Per Shares

	Answer = $ 10 per Shares



SOLUTION : 3

1	Market value is Greater than the Book value
2	Book Value is measure of historical cost while, Market value is measure of current value

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Answer 2

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