Question
Fire company has the following data at year end: 10% noncumulative preference shares capital, P1,000 par, P1,400 liquidation value, 500 issued and outstanding shares Ordinary
Fire company has the following data at year end: 10% noncumulative preference shares capital, P1,000 par, P1,400 liquidation value, 500 issued and outstanding shares Ordinary share capital, P500 par, 5,000 issued and outstanding shares Total shareholders equity of 3,600,000 No dividends in arrears. What is the book value per share ordinary?
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
