Question: With reference to the data given on exercise 9( where 1,700 shares is owned by Akiko, 30,000 outstanding shares: 25,000 Additional shares issue. Assume that

With reference to the data given on exercise 9( where 1,700 shares is owned by Akiko, 30,000 outstanding shares: 25,000

Additional shares issue. Assume that the current book value of shares if 500,000 and the new issue at 250,000 .

Determine.

1. Book value per share after the new issue

2.. book values of Akiko's shares before new issue

3. Book value of Akiko's shares after the new issue

4. Amount of change in the book value of Akiko's shares after the new issue.

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