Check my work At September 30 the end of Beijing Companys th

Check my work At September 30, the end of Beijing Company\'s third quarter, the following stockholders\' equity accounts are reported n stock, $12 par value 6 points Commo Paid-in capital in excess of par value, common stock Retained earnings $420,000 110,000 380,000 eBook In the fourth quarter, the following entries related to its equity are recorded: Print Date oct. 2 Retained Earnings General Journal Debit 60,000 Credit Common Dividend Payable 60,000 oct. 25 Common Dividend Payable 60,000 Cash 60,000 oct. 31 Retained Earnings 95,000 Common Stock Dividend Distributable Paid-In Capital in Excess of Par Value, Common Stock 46,000 49,000 Nov. 5 Common Stock Dividend Distributable 46,000 Common Stock, $12 Par Value 46,000 Dec. 1 Memo-Change the title of the common stock account to reflect the new par value of $4 Dec. 31 Income Summary 300,000 Retained Earnings 300,000 Mc Graw KPrev 8 of 8 Next

Solution

Answer

book value per share before = 2300000 / 55000

= 41.818

book value per share after = 2300000 / 55000 *116 %

=36.050

total book value of share before = 1000 * 41.818

= 41818

total book value of share after = (1000 * 116 % ) * 36.050

= 41818