Question: ok K 11 Assignment Saved Enscoe Enterprises, Incorporated (EEI) has 260,000 shares authorized, 220,000 shares issued, and 30,000 shares of treasury stock Al this point,

ok K 11 Assignment Saved Enscoe Enterprises, Incorporated (EEI) has 260,000 shares authorized, 220,000 shares issued, and 30,000 shares of treasury stock Al this point, EEI has $1,340,000 of assets. $200,000 abilities, $500,000 of common stock, and $640,000 of retained earnings. Further, assume that the market value of EEI's common stock is $8 per share. Required a. Determine the number of shares of stock that is outstanding. b. Determine the book value per share. c. Provide a rational explanation for the difference between the book value per share and the market value per share of EEI's common stock

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