With reference to the data given 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.

Answer rating: 100% (QA)

a Book value The books value before the new issue is 500000 for 30000 shares A book value per share ... View the full answer