Question
The shareholders equity of Dancing Queen Co. in the statement of financial position on December 31, 2014 is as follows: Share capital, P10 par, 110,000
The shareholders equity of Dancing Queen Co. in the statement of financial position on December 31, 2014 is as follows:
Share capital, P10 par, 110,000 shares P1,000,000
Share premium 500,000
Retained earnings 250,000
Treasury shares 10,000 shares, cost - 50,000 50,000
REQUIRED:
Compute the book value per share as of December 31, 2014 of Dancing Queen Co.?
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Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
