Chapter 12 Financial Planning Exercise 6 Calculating book value A company has total assets of $6.0 billion, total liabilities of $4.2 billion, and $240 million worth of 9 percent preferred stock outstanding. What is the firm's total book value? Round the answer to three decimal places. Enter the answer in billions of dollars. For example, 1,120,000,000 should be entered as 1.120. $ billion What would its book value per share be if the firm had 125 million shares of common stock outstanding? Round the answer to the nearest cent. $ per share