Rod Company had 50,000 P50 par value ordinary shares outstanding and 5,000 P100 par preference shares outstanding. The current market value of the ordinary share is P120 and total shareholders' equity amount to P3,600,000. The preference share has a liquidation value of P140 per share and no dividends are in What is the book value per ordinary share? a. b. C. d. P 50.00 P 58.00 P 72.00 P120.00