Item #1 the work of one person acts as a check on another person to prevent fraud and errors. item #2 responsibility for a task should be clearly established and assigned to one person. item #3 use of cash registers, time clocks and personal identification scanners to improve internal control. item #4 use of detailed records to prevent loss of assets.

Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?