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?

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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