Problem 6. The following data were taken from T'boli Corporation as of 31 December 20B: Ordinary Share - Authorized to issue 10,000 shares at P100 par value per share. Issued 6,000 shares Subscribed Share Capital Subscription Receivable-Ordinary Share Premium 4,000 Accumulated Profits (Losses): Beginning Ending P1,000,000 600,000 100,000 50,000 P150,000 250,000 The only change in Accumulated Profits (Losses) is accounted for profit. Required: 1. Compute Book Value Per Share 2. Compute Basic Earnings Per Share
Problem 6. The following data were taken from T'boli Corporation as of 31 December 20B: Ordinary Share - Authorized to issue 10,000 shares at P100 par value per share. Issued 6,000 shares Subscribed Share Capital Subscription Receivable-Ordinary Share Premium 4,000 Accumulated Profits (Losses): Beginning Ending P1,000,000 600,000 100,000 50,000 P150,000 250,000 The only change in Accumulated Profits (Losses) is accounted for profit. Required: 1. Compute Book Value Per Share 2. Compute Basic Earnings Per Share
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Problem 6. The following data were taken from T'boli Corporation as of 31 December 20B:
Ordinary Share - Authorized to issue 10,000 shares
at P100 par value per share.
P1,000,000
600,000
100,000
50,000
Issued 6,000 shares
Subscribed Share Capital
Subscription Receivable-Ordinary
Share Premium 4,000 Accumulated Profits (Losses):
Beginning
Ending
P150,000
250,000
The only change in Accumulated Profits (Losses) is accounted for profit.
Required:
1. Compute Book Value Per Share
2. Compute Basic Earnings Per Share
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