Answer

Exercise 1. Book value per share The XYZ Corporation's statements of financial position shows total shareholder's equity of P2,500,000 as of December 31, 2019. Instructions: Compute for the Book value per share of each class of share capital under independent assumptions: a. The company has only one class of shares outstanding: 200,000 ordinary shares, par value P10. b. The company has two classes of shares outstanding: 10,000 shares of P100 par preference share capital with a liquidation value of P120 per share and 100,000 shares of P10 par ordinary share capital