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1. At the end of 2020, the balance sheet of Sherlock Company showed total assets of P4 million pesos, total liabilities of P2.5 million, preference

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1. At the end of 2020, the balance sheet of Sherlock Company showed total assets of P4 million pesos, total liabilities of P2.5 million, preference shares of P250,000, and 120,000 outstanding shares. How much is the book value per share of the company? 2. Upon further evaluation, Sherlock Company found out that the assets can only be realized at P3.4 million. How much is the liquidation value per share of the company? 3. Investor Christopher wants to buy shares of Clider Rex Company. Clider Rex Company's shares are currently selling at P20 per share on the Philippine Stock Exchange (PSE). Research shows that dividends are stable at P5 per year and it is expected to be resold at P35 per share after a year. Christopher expects a 7% return on his investment and plans to hold the shares of Clider Rex Company for a year. What is the value of the shares after a year

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