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 What is the book value per share of preference share capital?
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Forest Management Auditing
Authors: Lucio Brotto
1st Edition
0367605872, 978-0367605872
