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Total stockholders' equity is P150,000 and there are 30,000 shares outstanding out of 50,000 authorized number of shares. Par value per share is P1. 11.

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Total stockholders' equity is P150,000 and there are 30,000 shares outstanding out of 50,000 authorized number of shares. Par value per share is P1. 11. How much is the book value per share? (a). P 5 (b). P 3 (c). P 1.875 (d). Answer not given 12. If the corporation issues additional 10,000 shares at P3, how much would be the book value per share? (a). P 4.50 (b). P 3.75 (c). P 3 (d). None of these 13. If the corporation issues the additional 10,000 shares at P6 instead of at P3, how much would be resulting book value per share? (a). F 3.50 (b). F 6.50 (c). P 5.25 (d). None of these 14. If you own 5,000 shares of the corporation, what would be the effect on the book value of your shareholdings if the corporation issues additional 10,000 shares at par value of PI? a. There would be no effect. b. Book value would decrease. c. Book value would increase. d. None of the above. 15. If the corporation issues the additional 10,000 shares at F.80, a. book value per share would increase. b. this would result in watered stock and the officer who approves the transaction and the stockholder to whom they are issued shall be liable for the difference between par value and the issue price of P.80 per share. c. book value would remain the same. d. None of these

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