At December 31, the stockholders’ equity section shows: Ordinary share capital, P5 par value; 1,320,000 shares issued and 1,200,000 shares outstanding: P6,600,000; Share Premium: P1,400,000; Retained earnings: P500,000; Treasury shares, (120,000 shares): P700,000; Total shareholders’ equity - P7,800,000. How much is the book value per share? * P5.91 P6.44 P6.50 P7.08 answer not given
At December 31, the stockholders’ equity section shows: Ordinary share capital, P5 par value; 1,320,000 shares issued and 1,200,000 shares outstanding: P6,600,000; Share Premium: P1,400,000; Retained earnings: P500,000; Treasury shares, (120,000 shares): P700,000; Total shareholders’ equity - P7,800,000. How much is the book value per share? * P5.91 P6.44 P6.50 P7.08 answer not given
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 6Q: The following data was reported by Saturday Corporation: Authorized shares: 30,000 Issued shares:...
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At December 31, the
P5.91
P6.44
P6.50
P7.08
answer not given
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