29. An entity provided the following shareholders' equity at year-end: Ordinary share capital, P100 par, 72,000 shares Subscribed ordinary share capital, 12,000 shares Subscription receivable Treasury shares, 4,000 at cost Retained earnings 7,200,000 1,200,000 400,000 600,000 2,000,000 What is the book value per ordinary share? a. 122.50 b. 117.50 c. 100.00 d. 130.00
29. An entity provided the following shareholders' equity at year-end: Ordinary share capital, P100 par, 72,000 shares Subscribed ordinary share capital, 12,000 shares Subscription receivable Treasury shares, 4,000 at cost Retained earnings 7,200,000 1,200,000 400,000 600,000 2,000,000 What is the book value per ordinary share? a. 122.50 b. 117.50 c. 100.00 d. 130.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:29. An entity provided the following shareholders' equity at year-end:
Ordinary share capital, P100 par, 72,000 shares
Subscribed ordinary share capital, 12,000 shares
Subscription receivable
Treasury shares, 4,000 at cost
Retained earnings
7,200,000
1,200,000
400,000
600,000
2,000,000
What is the book value per ordinary share?
a. 122.50
c. 100.00
d. 130.00
b. 117.50
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