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