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Business, 26.09.2019 21:30 liliauedt

Simple corporation has the following assets, liabilities, and equity accounts: book value market value cash $4,200 $4,200 accounts receivable $7,800 $7,600 inventory $22,000 $28,000 equipment $190,000 $172,200 accounts payable $12,000 $12,000 notes payable $140,000 $140,000 common stock, 4,000 shares issued and outstanding $25,000 retained earnings $47,000 what is the book value of a share of simple stock?

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