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Assume a company provided the following balance sheet: Current assets: Cash $ 60,000 Accounts receivable...

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Accounting

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Assume a company provided the following balance sheet: Current assets: Cash $ 60,000 Accounts receivable 50,000 Inventory 150,000 Total current assets i_3207000 Property, plant & equipment, net 380,000 Total assets 3 640,000 The book value per share is closest to: Current liabilities: Accounts payable 5 90,000 Accrued liabilities 40,000 Total current liabilities 1307000_ Bonds payable 110,000 Total liabilities 240,000 Stockholders' equity: Common stock, $ 17 par 170,000 Retained earnings 230,000 Total stockholders' equity 400,000 Total liabilities and stockholders' equity $ 640,000

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