Data relating to the shareholders equity of Karen Company during December 31 are as follows:

• 8% Preference share, Php 400 par, 12,500 shares Php 5,000,000
• Ordinary share, Php 40 par, 75,000 shares issued Php 3,000,000
• Retained Earnings Php 7,000,000
• Dividends in arrears for 4 years.

Required: Based on the above facts, answer the following:

1. Assume that the preference shares are cumulative, how much is the book value per share for the preference and ordinary share?
2. Assume that the preference shares are cumulative with a liquidation value of Php 420, how much is the book value per share for the preference and ordinary share?
3. Assume that the preference shares are non-cumulative, how much is the book value per share for the preference and ordinary share?
4. Assume that the preference shares are cumulative and participating, how much is the book value per share for the preference and ordinary share?