Book versus Market Value. Suppose that the market value (in thousands of dollars) of Fincorp's fixed assets in 2016 is $6,000 and that the value of its long-term debt is only $2,200. In addition, the consensus among investors is that Fincorp's past investments in developing the skills of its employees are worth $2,900. This investment of course does not show up on the balance sheet. What will be the price per share of Fincorp stock?

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2015 $4,000 1,600 500 300 500 150 400 300 400 5,000 2,000 1,000 410 800 2016 Revenue Cost of goods sold Depreclation Inventories Administratlve expenses Interest expense Federal and state taxes Accounts payable Accounts recelvable Net flxed assets Long-term debt Notes payable Divldends pald Cash and marketable securitles $4,100 1,700 520 350 550 150 420 350 450 5,800 2,400 600 410 300