The balance sheet for Lauren Inc shows the following total paid in capital and retained earnings $877,000, total stockholders ' equity $817,000, common stock issued 44,000 shares, and common stock outstanding 38,000 shares Compute the book value per share (No preferred stock is outstanding ) ...

The balance sheet for Lauren Inc. shows the following: total paid-in capital and retained earnings $877,000, total

Question:

The for Lauren Inc. shows the following: total paid-in capital and retained earnings $877,000, total stockholders' equity $817,000, issued 44,000 shares, and outstanding 38,000 shares.
Compute the book value per share. (No preferred stock is outstanding.)

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...