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

question 128

Essay

The following information is available for Gordon Corporation: $\begin{array}{lr}\text { Share capital-ordinary (\$5 par) } & \$ 550,000 \\\text { Share premium-ordinary } & 200,000 \\\text { Retained earnings } & 180,000 \\\text { Treasury shares } & 70,000 \\\text { Ordinary shares issued } & 110,000 \text { shares } \\\text { Ordinary shares outstanding } & 100,000\end{array}$ Instructions
Based on the preceding information, calculate the book value per share.

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Definitions:

Vertically Integrated

A business structure where a company controls multiple stages of production, distribution, or both, within the same industry or supply chain.

Sourcing Decisions

Choices made by a company regarding the suppliers from which it procures goods, services, or raw materials, impacting costs, quality, and supply chain efficiency.

Optimal Quantity

The amount of a good or service that achieves the best balance between cost and efficiency in production and distribution.

Vertically Integrated

A business model in which a company controls multiple levels of its supply chain, from production to sales.