Shares of common stock outstanding

Assignment Help Finance Basics
Reference no: EM131041190

Missouri Valley Industries, Inc. has 2,000,000 shares of common stock outstanding and total equity as given below:

Preferred Stock ($100 par value) $2,000,000

Common Stock ($1.00 par value) 2,000,000

Capital Surplus 6,000,000

Retained Earnings 10,000,000

Total Equity $20,000,000

Calculate the book value per share of its common stock. Assuming that all 2,000,000 shares ofcommon stock were sold at the same time, what was the price per share at the time of issue?

Reference no: EM131041190

Questions Cloud

What are the potential profits and losses : The price of a stock is $46 and the prices of call options to buy the stock at $45 and $50 are $6 and $3, respectively. What are the potential profits and losses when the price of the stock is $40, $45, $50, and $55 if the investor buys the call a..
What is the current share price : The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. The required return on this stock is 10%. What is the current share price?
What is functional unit of the kidney that filter blood : What is functional unit of the kidney that filters blood and forms urine? The blood vessel carrying blood from the aorta into the kidney is the ________.
What will be the reading on the voltmeter : what will be the reading on the voltmeter
Shares of common stock outstanding : Missouri Valley Industries, Inc. has 2,000,000 shares of common stock outstanding and total equity as given below:
Create a backup of student information : CIS 240: Compress the archive file using the gzip command. What is the name of the resulting archive and Are you required to be the root user to read that file? Name the attribute used to contain the IP address you entered.
Analysis of past monthly movements in ibm : Analysis of past monthly movements in IBM's stock price produces the following estimates
Practice and process of project management : The post-implementation audit is vitally important in improving the practice and process of project management, yet it is always so difficult to get senior management and the client to allocate the time to authorize and participate in these audits..
Derive the expression for the friction torque in : Derive the expression for the friction torque in ?at collar bearing considering uniform pressure and uniform wear.

Reviews

Write a Review

Finance Basics Questions & Answers

  Computing value of a firm using cash flows

An analyst predicted the free cash flows for ACME Corporation for the next four years:

  Nbspall calculations must be shown part i complete research

the subject for this paper will be whole foods.note all calculations must be shown part i complete research on your

  The bonds make semi annual payments

Stealers Wheel Software has 9.62% coupon bonds on the market with nine years to maturity. The bonds make semi-annual payments and currently sell for 107.46% of par. What is the current yield?

  Assume that you contribute 240 per month to a retirement

assume that you contribute 240 per month to a retirement plan for 15 years. then you are able to increase the

  Program management-acquisition and evaluation

Define Program Management (within the DoD) and list three traits of an effective program manager. What are Acquisition Categories (ACATs) and why is the Milestone Decision Authority (MDA) important?

  What is the firms net working capital

The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet.

  Write down a short essay summarizing your research your

you have just invented a new product that you believe will make you a millionaire in canada. however you do not have

  What return will stock z produce in the lukewarm state

What return will stock Z produce in the Lukewarm state of the world?

  Assume you have estimated the historical risk premium based

assume you have estimated the historical risk premium based upon 50 years of data to be 6. if the annual standard

  Variety of individual incentive programs

Question 1: Employers can use a variety of individual incentive programs to contribute to their compensation strategy. Which of the four types of individual incentive plans would you prefer? Explain your choice.

  What is the expected return

An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 9.6%.Bond C pays a 10% annual coupon, while Bond Z is a zero coupon bond.

  Find value of missing cash flow

The present value of the following cash flow stream is $5,744 when discounted at 12 percent annually. The value of the missing cash flow is;

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd