The founder of alchemy products, inc., discovered a way to turn lead into gold and patented this new technology. he then formed a corporation and invested $400,000 in setting up a production plant. he believes that he could sell his patent for $24 million.

a. what are the book value and market value of the firm?

b. if there are 1 million shares of stock in the new corporation, what would be the price per share and the book value per share?

a) $ 400000, $ 24.4 million b) $ 24.4, $ 0.4

Explanation:

His book value represent the valuable assets he contributed and this is $ 400000 invested in the production plant

the market value = the worth of his patent + his investment in production plant = $ 24 million + $ 400000 = $ 24.4 million

b) the price per share = $ 24.4 / 1 million = $ 24.4

the book  per share  value = $ 400000 / 1 million = $ 0.4

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.

answer; by looking at total product,marginal product,and changes in both after changes in inputs