Blow glass also has another 400000 shares of stock that are


Blow Glass Corporation has 100,000 shares of stock outstanding, each with a par value of $2.50 per share. Blow Glass also has another 400,000 shares of stock that are shelf registered. Blow Glass has retained earnings of $9,000,000 and additional paid-in capital of $1,000,000. What is Blow Glass's book value per share?

a. $90.00
b. $100.00
c. $27.50
d. $102.50
e. $92.50

 

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Finance Basics: Blow glass also has another 400000 shares of stock that are
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