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show solutions Use the following information for the next four (4) questions: The shareholders' equity of BaGani Company on December 31, 2021 shows the following

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Use the following information for the next four (4) questions: The shareholders' equity of BaGani Company on December 31, 2021 shows the following balances: Preference share, 12% P100 par 8,000 shares 800,000 Subscribed preference share 200,00 0 Subscription receivable - preference share 50,00 0 Ordinary share, P100 par 41,000 shares issued 4,100,00 0 Treasury shares - ordinary (1,000 shares) 150,00 0 Share premium 2,000,000 Retained earnings 4,000,000 Dividends have been paid on the preference share up to December 31, 2019. Determine the amount of book value per share of ordinary share and preference share under each of the following conditions with respect to preference shares: 31) What is the book value per ordinary shares assuming noncumulative, nonparticipating? A. 245.75 B. 242.75 C. 216.60 D. 241.25 32) What is the book value per ordinary shares assuming cumulative, nonparticipating? A. 245.75 B. 242.75 C. 228.60 D. 216.60 33) What is the book value per ordinary shares assuming cumulative, fully participating? A. 241.25 B. 216.60 C. 228.60 D. 242.75 34) What is the book value per ordinary share assuming cumulative, participating up to 18%? A. 241.25 B. 240.25 C. 204.00 D. 214.52

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