Question: Une the data that follows to answer the question below. Annets, $2,900,000, Llabilities, $1,400,000; Common Stock (5,000 shares), $1,000,000, Retained Eorninga, $500,000; Total Capital, $1,600,000.
Une the data that follows to answer the question below. Annets, $2,900,000, Llabilities, $1,400,000; Common Stock (5,000 shares), $1,000,000, Retained Eorninga, $500,000; Total Capital, $1,600,000. A shore of stock is selling for $225 at stock brokerage houses 1. What is the book value of a share of stook? 2. What is the market value of a shore of stock? 3. What is the amount of the equity capital? 4. Would a bank be willing to loan money to this business? Explain why
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