10% cumulative preference shares, 100 par 15,000 shares issued and outstanding 1,500,000 ordinary share capital 100 par 50,000 shares issued and outstanding 5,000,000 additional paid in capital 600,000 retained earnings 650,000 treasury shares 2,100,000 the last payment of dividends in preference was on december 31, 2018. if abc were to be liquidated, the preference share would receive a liquidation value 0f 110 per share. what is the book value per share on ordinary share?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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10% cumulative preference shares, 100 par 15,000 shares issued and outstanding 1,500,000

ordinary share capital 100 par 50,000 shares issued and outstanding 5,000,000

additional paid in capital 600,000

retained earnings 650,000

treasury shares 2,100,000

the last payment of dividends in preference was on december 31, 2018. if abc were to be liquidated, the preference share would receive a liquidation value 0f 110 per share. what is the book value per share on ordinary share?

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