Dolf Corporatiom’s equity at December 31, 2012, consisted of the following: Preference share, P50 par value, 10% non-cumulative; 10,000 shares issued and outstanding P 500,000 Ordinary share, P10 par value, 80,000 shares issued and outstanding 10,000 shares 800, 000 Retained Earnings p. 300,000 the preference share has a liquidating value of P55 per share. At December 31, 2012, the book value per share is a. P14.38 c. P13.13 b. P13.75 d. P10.00
Dolf Corporatiom’s equity at December 31, 2012, consisted of the following: Preference share, P50 par value, 10% non-cumulative; 10,000 shares issued and outstanding P 500,000 Ordinary share, P10 par value, 80,000 shares issued and outstanding 10,000 shares 800, 000 Retained Earnings p. 300,000 the preference share has a liquidating value of P55 per share. At December 31, 2012, the book value per share is a. P14.38 c. P13.13 b. P13.75 d. P10.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Dolf Corporatiom’s equity at December 31, 2012, consisted of the
following:
non-cumulative; 10,000 shares issued
and
outstanding
P 500,000
Ordinary share, P10 par value, 80,000
shares issued
and outstanding 10,000 shares
800, 000
the preference share has a liquidating value of P55 per share. At December 31, 2012,
the book value per share is
a. P14.38 c. P13.13
b. P13.75 d. P10.00
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