Calculating Shares? Please help!?

Question

Calculate the book value per share based on the reported stockholder's 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 pr value -- $10,505

Capital in excess of par value -- 17,475

Retained Earnings -- 29,355

Total Shareholder's equity -- $57,335

Answer 1

To answer this I believe you would just divide Total Equity by the amount of shares outstanding.  How many shares are outstanding?  10,505/1.  Therefore the answer is 57,335/10,505

Answer 2

the book value of the common stock is $1.

but the market value is $2.66----(10505(amount)+17475/10505-(# of shares))

which means that even though the par value is $1, the shares are bought at a higher price.

Answer 3

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