Information on shareholder's equity as currently shown on the books of the Eaton Corporation is given as:
$\begin{array}{lr}
\text { Common shares (\$2.00 par value }) & \$ 350,000 \
\text { Capital in Excess of Par } & 0 \
\text { Retained Earnings } & \mathbf{7 , 8 0 0 , 0 0 0}
\end{array}$

-From this information, calculate Eaton's book value per share.

Question

Information on shareholder's equity as currently shown on the books of the Eaton Corporation is given as:
$\begin{array}{lr}
\text { Common shares (\$2.00 par value }) & \$ 350,000 \
\text { Capital in Excess of Par } & 0 \
\text { Retained Earnings } & \mathbf{7 , 8 0 0 , 0 0 0}
\end{array}$

-From this information, calculate Eaton's book value per share.

Quizplus · Accepted Answer

The Answer of Information on shareholder's equity as currently shown on the books of the Eaton Corporation is given as:
$\begin{array}{lr}
\text { Common shares (\$2.00 par value }) & \$ 350,000 \
\text { Capital in Excess of Par } & 0 \
\text { Retained Earnings } & \mathbf{7 , 8 0 0 , 0 0 0}
\end{array}$

-From this information, calculate Eaton's book value per share.

Information on Shareholder's Equity as Currently Shown on the Books