Liquidation value per share of common stock


BFG has current assets of PhP800,000, which can be liquidated at 90 percent of book value. Total liabilities, including preferred stock, equal PhP270,000. The firm has 15,000 shares of common stock outstanding. What is the liquidation value per share of common stock?

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Finance Basics: Liquidation value per share of common stock
Reference No:- TGS039648

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