Problem 5. Presented below is the Shareholders' Equity of ligan Water Spring Resort Corporation: Authorized to issue 5,000 shares at par value of P100. Issued 4,000 shares of which 100 shares are in the treasury 400,000 10,000 180,000 10,000 Share Premium Retained Earnings (of which of P100,000 represents profit) Less: Treasury Shares at Cost Required: 1. Compute Book Value Per Share 2. Compute Basic Earnings Per Share

EBK CFIN
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ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter2: Analysis Of Financial Statements
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Problem 5. Presented below is the Shareholders' Equity of Iligan Water Spring Resort
Corporation:
Authorized to issue 5,000 shares at par value of P100.
Issued 4,000 shares of which 100 shares are in the treasury
400,000
10,000
180,000
10,000
Share Premium
Retained Earnings (of which of P100,000 represents profit)
Less: Treasury Shares at Cost
Required:
1. Compute Book Value Per Share
2. Compute Basic Earnings Per Share
Transcribed Image Text:Problem 5. Presented below is the Shareholders' Equity of Iligan Water Spring Resort Corporation: Authorized to issue 5,000 shares at par value of P100. Issued 4,000 shares of which 100 shares are in the treasury 400,000 10,000 180,000 10,000 Share Premium Retained Earnings (of which of P100,000 represents profit) Less: Treasury Shares at Cost Required: 1. Compute Book Value Per Share 2. Compute Basic Earnings Per Share
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