Mega Computer's financial statements show 1000 shares of common stock with a par value of $10 000, retained earnings of $20 000, additional paid in capital of $10 000, and long-term debt of $30 000. What is the market value of a share of Mega's stock?
$70.00
$20.00
$40.00
$30.00
It is not possible to tell from the information given.

Question

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The Answer of Mega Computer's financial statements show 1000 shares of common stock with a par value of $10 000, retained earnings of $20 000, additional paid in capital of $10 000, and long-term debt of $30 000. What is the market value of a share of Mega's stock?
$70.00
$20.00
$40.00
$30.00
It is not possible to tell from the information given.

Mega Computer's Financial Statements Show 1000 Shares of Common Stock