what amount should be basic earnings per share

22. What is the book value per ordinary share? Question 84 2 pts On December 31, 2016 and 2015, Grow Company had 100,000 ordinary shares and 10,000 cumulative preference shares 5%, P100 par value. No dividends were declared on either the preference or ordinary shares in 2016 or 2015. Net income for the current year was P900,000. 23. What amount should be reported as basic earnings per share? Question 85 2 pts Newton Company had earnings per share of P120 for the current year, before taking any dilutive securities into consideration. No conversion or exercise of dilutive