book value per share of ordinary shares?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
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 par value plus a premium of P10 per share. if the preference is participating, how much is the book value per share of ordinary shares?

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