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Date Posted: 12:58:35 01/22/02 Tue
Author: Sleepless in Atlanta
Subject: Question 4-b, page 51

I'm having trouble getting the book answer to question 4-b on page 51 of the text. I get an answer of $16.72 per share for the price of the new common stock. Whare am I going wrong? To get this I added (common stock + additional paid in capital) and then divided the total by total number of shares outstanding.

We have our first quiz tomorrow, and if I can't get this, i KNOW it will be on the quiz.

Helllllllppppp!

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