During 20B, Inna company had outstanding 400,000 ordinary shares and 40,000 shares of cumulative preference share capital with a P10 per share dividends. Each preference share is convertible into five ordinary shares. Inna had a P6,000,000 net loss for 20B. No dividends were paid or declared. What is the amount of basic loss per share? choices: 15.00 16.00 10.00 10.67
During 20B, Inna company had outstanding 400,000 ordinary shares and 40,000 shares of cumulative preference share capital with a P10 per share dividends. Each preference share is convertible into five ordinary shares. Inna had a P6,000,000 net loss for 20B. No dividends were paid or declared. What is the amount of basic loss per share? choices: 15.00 16.00 10.00 10.67
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 20
During 20B, Inna company had outstanding 400,000 ordinary shares and 40,000 shares of cumulative
choices:
-
15.00
-
16.00
-
10.00
-
10.67
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