Enscoe Enterprises, Inc. (EEI) has 260,000 shares authorized, 190,000 shares issued, and 50,000 shares of treasury stock. At this point, EEI has. $700,000 of assets. $140,000 liabilities, $480,000 of...

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Extracted text: Enscoe Enterprises, Inc. (EEI) has 260,000 shares authorized, 190,000 shares issued, and 50,000 shares of treasury stock. At this point, EEI has. $700,000 of assets. $140,000 liabilities, $480,000 of common stock, and $80,000 of retained earnings. Further, assume that the market value of EEI's common stock is $6 per share. S reer ! 2021 06. 74 Required a. Determine the number of shares of stock that is outstanding. b. Determine the book value per share. c. Provide a rational explanation for the difference between the book value per share and the market value per share of EEl's common S reer 2021 07 E. stock. Complete this question by entering your answers in the tabs below. S reer 202 08. Required A Required B Required C Provide a rational explanation for the difference between the book value per share and the market value per share of EEI's common stock, Lak! Market value is than the book value. 1. is a measure of current values. 2. is a measure of historical cost, while Required B Riquired C Sreelis