The equity section of the balance sheet for hilton web-cams, Ask an Expert

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The equity section of the balance sheet for Hilton Web-Cams looks like this:
Common Stock. $.25 par $400,000
Paid in Capital in excess of par $4,500,000
Retained earnings $1,100,000

a. How many shares has the company issued?
b. What is the book value per share?
c. Suppose that Hilton Web-Cams has made only one offering of common stock. At what price did it sell shares to the market?

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Category:- Basic Finance
Reference No.:- M9879401

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