53. How much was Perry’s book value per preference share at December 31, 2012? a. P100 c. P110 b. P105 d. P115 . 54. How much was Perry’s book value per common share at December 31, 2012? a. P45.00 ba. c. P69.50 b. P68.50 bc. d. P70.00
Items 53 and 54 are based on the following data:
Perry Company was organized on January 2, 2012, with the following capital structure:
a. 10% cumulative
value P100
b. and liquidation value,
P105;authorized, issued
c. and outstanding 1,000 shares
d. P 100,000
e. Ordinary share, par value P25, authorized
100,000
f. shares; issued and outstanding
10,000 shares
g. P 250, 000
income for the year ended December 31, 2012, was P 450,000, but no dividends
were declared.
as. 53. How much was Perry’s book value per preference share at December 31,
2012?
a. P100 c. P110
b. P105 d. P115
. 54. How much was Perry’s book value per common share at December 31,
2012?
a. P45.00 ba. c. P69.50
b. P68.50 bc. d. P70.00
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