Fill in the blanks: At year end, Layla Company bakance sheet showed total assets of P3,000,000, total liabilities of P1,500,000.00 and 200,000 outstanding ordinary shares If Layla could sell its assets for P2,000,000.00. Layla liquidation value per share is? ||
Fill in the blanks: At year end, Layla Company bakance sheet showed total assets of P3,000,000, total liabilities of P1,500,000.00 and 200,000 outstanding ordinary shares If Layla could sell its assets for P2,000,000.00. Layla liquidation value per share is? ||
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Fill in the blanks:
At year end, Layla Company bakance sheet showed total assets of P3,000,000, total liabilities of P1,500,000.00 and 200,000 outstanding ordinary shares.
If Layla could sell its assets for P2,000,000.00. Layla liquidation value per share is?
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