problem: Compute the book value per share based on the reported stockholders’ equity account for Bridgford Foods in fiscal year ending November 2, 2005:

Shareholder’s equity                        (‘000)

Preferred stock, without par value

Authorized-1,000 shares

Issued and outstanding-none

Common stock, $1.00 par value     $10,505

Capital in excess of par value          17,475

Retained earnings                          29,355

Total shareholders’ equity              $57,335