Question
The shareholders' equity of NNN Company on December 3 1, 2014 follows: 10% Preference Share Capital, P 100 par P 500,000 Ordinary Share Capital, P60
The shareholders' equity of NNN Company on December 3 1, 2014 follows:
10% Preference Share Capital, P 100 par P 500,000
Ordinary Share Capital, P60 par 3,000,000
Preference Share Premium 50,000.
Ordinary Share Premium 250,000
Retained Earnings 300,000
Total Shareholders Equity P4,100,000
Preference shares are cumulative with dividends in an
beginning of 201 0 and with a liquidation value of P120.
1. What is the book value per share of preference share capital?
A. 120
B. 180
C. 170
D. 100
2. what is the book value per share of
ordinary share capital?
A. 60
B. 70
C. 64
D. 65
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How To Start And Run Your Business The Right Way A Guide To Protecting You And Your Business From Lawsuits And Audits
Authors: Michael Bowman Esq.
1st Edition
1732473110, 978-1732473119
