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20. Below is the shareholders" equity section of Nelson Company on December 31, 2014: Preference share, 7%, P100 par value, 30,000 shares issued; total liquidation value, P3.2 M P3,000,000 Ordinary share, no par, 50,000 shares issued Donated capital Accumulated profits All preference dividends have been fully paid. 1,500,000 500,000 4,500,000 How much is the book value per share of ordinary share?

20. Below is the shareholders" equity section of Nelson Company on December 31, 2014: Preference share, 7%, P100 par value, 30,000 shares issued; total liquidation value, P3.2 M P3,000,000 Ordinary share, no par, 50,000 shares issued Donated capital Accumulated profits All preference dividends have been fully paid. 1,500,000 500,000 4,500,000 How much is the book value per share of ordinary share?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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a. 125.80

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c. 130

d. 300

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20. Below is the shareholders" equity section of Nelson Company on December 31, 2014: Preference share, 7%, P100 par value, 30,000 shares issued; total liquidation value, P3.2 M P3,000,000 Ordinary share, no par, 50,000 shares issued Donated capital Accumulated profits 1,500,000 500,000 4,500,000 All preference dividends have been fully paid. How much is the book value per share of ordinary share?
Transcribed Image Text:20. Below is the shareholders" equity section of Nelson Company on December 31, 2014: Preference share, 7%, P100 par value, 30,000 shares issued; total liquidation value, P3.2 M P3,000,000 Ordinary share, no par, 50,000 shares issued Donated capital Accumulated profits 1,500,000 500,000 4,500,000 All preference dividends have been fully paid. How much is the book value per share of ordinary share?
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