The Following Information Is Available for Gordon Corporation Instructions
Based on the Preceding Information, Calculate the Book Value

question 95

Essay

The following information is available for Gordon Corporation: $$\begin{array} { l r } \text { Common stock } ( \$ 5 \text { par } ) & \$ 600,000 \\\text { Paid-in capital in excess of par-common } & 200,000 \\\text { Retained earnings } & 180,000 \\\text { Treasury stock } & 80,000 \\\text { Common shares issued } & 100,000 \text { shares } \\\text { Common shares outstanding } & 90,000\end{array}$$ Instructions
Based on the preceding information, calculate the book value per share.

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Definitions:

Hierarchy Of Organization

The arrangement of biological structures and systems in an ascending order from the simplest to the most complex.

Human Body

The entire structure of a human being encompassing a complex system of organs and tissues responsible for various biological functions.

Adult Stem Cells

Undifferentiated cells found throughout the body that have the capacity to generate various cell types, aiding in repair and regeneration.

Embryonic Stem Cells

Pluripotent stem cells derived from the early embryo, capable of differentiating into any cell type in the body.