Bavarian Sausage, Inc. posted the following balance sheet: Balance Sheet Cash $ 50,000 Accounts Payable $185,000 Accounts
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Bavarian Sausage, Inc. posted the following balance sheet:
| Balance Sheet | ||||
| Cash | $ 50,000 | | Accounts Payable | $185,000 |
| Accounts Receivable | 125,000 | | Notes Payable | 125,000 |
| Inventories | 225,000 | | Long-term debt | 115,000 |
| Net Plant and Equipment | 525,000 | | Common Stock | 350,000 |
| | | | Retained earnings | 150,000 |
| Total Assets | $925,000 | | Total liabilities and Stockholders’ Equity | $925,000 |
If Bavarian Sausage, Inc. has 100,000 shares outstanding, what is the book value per share?
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders , Marcia Cornett
Posted Date:
