11 market value per share is the price per share a corporation pays to holders of st 4303456

11) Market value per share is the price per share a corporation pays to holders of stock when it is redeemed.

12) Book value per share is the same as par value per share.

13) Redemption value is the price at which a share of stock is bought and sold.

14) Book value per share is found by dividing total assets by total stockholders' equity.

15) Book value per share is calculated for both preferred stock and common stock.

16) When calculating book value per share, if a redemption value is not stated, market value is used instead.

17) From the following, determine the book value per share for preferred and common stocks; no dividends are in arrears on the preferred stock.

Stockholders' Equity

Preferred Stock, 8% cumulative and

$8 par value, $12 redemption value

4,000 shares issued and outstanding$32,000

Common Stock, $1 par value, 30,000 shares

issued and outstanding30,000

Retained Earnings24,000

________

Total Stockholders' Equity$86,000