13-6 Common stock Example -H.J. Heinz book value vs Market Value(4/99) Total Shares outstanding=358 million Common Shares($.25 par) 108 Additional paid in capital 278 Retained earnings 4.380 Treasury shares at cost -2,435 Accumulate d losses 527 Net common equity(Book Value) 1, 803 Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001
©The McGraw-Hill Companies, Inc.,2001 13- 6 Irwin/McGraw-Hill Common Stock Example - H.J. Heinz Book Value vs. Market Value (4/99) Total Shares outstanding = 358 million Net common equity (Book Value) 1,803 Accumulate d losses - 527 Treasury shares at cost - 2,435 Retained earnings 4,380 Additional paid in capital 278 Common Shares ($.25 par) 108
13-7 Common stock Example -H.J. Heinz book value vs Market Value(4/99) Total Shares outstanding=358 million April 1999 Market price $49/sh of shares X358 Market Value $17.5 billion Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001
©The McGraw-Hill Companies, Inc.,2001 13- 7 Irwin/McGraw-Hill Common Stock Example - H.J. Heinz Book Value vs. Market Value (4/99) Total Shares outstanding = 358 million Market Value $17.5 billion # of shares x 358 April 1999 Market price = $49/sh