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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
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:
- Assume that the preference shares are cumulative, how much is the book value per share for the preference and ordinary share?
- 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?
- Assume that the preference shares are non-cumulative, how much is the book value per share for the preference and ordinary share?
- Assume that the preference shares are cumulative and participating, how much is the book value per share for the preference and ordinary share?
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