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s of December 31:     Current Assets- P1,880,000  Current Liabilities- P550,000  Non-current Assets- P2,000,000  Non-current Liabilities- P1,450,000  Outstanding ordinary shares, beginning- 1,200,000 Outstanding ordinary shares, ending- 1,650,000  IamLearning Corporation issued additional 300,000 ordinary shares on June 1 and another 150,000 ordinary shares on Nov 1 as part of its financing plan. What is the book value per share of IamLearning Corporation as of December 31?  a. Php1.37 b. Php1.18 c. Php1.34

s of December 31:     Current Assets- P1,880,000  Current Liabilities- P550,000  Non-current Assets- P2,000,000  Non-current Liabilities- P1,450,000  Outstanding ordinary shares, beginning- 1,200,000 Outstanding ordinary shares, ending- 1,650,000  IamLearning Corporation issued additional 300,000 ordinary shares on June 1 and another 150,000 ordinary shares on Nov 1 as part of its financing plan. What is the book value per share of IamLearning Corporation as of December 31?  a. Php1.37 b. Php1.18 c. Php1.34

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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IamLearning Corporation showed the following balances in its financial records as of December 31:    
Current Assets- P1,880,000 
Current Liabilities- P550,000 
Non-current Assets- P2,000,000 
Non-current Liabilities- P1,450,000 
Outstanding ordinary shares, beginning- 1,200,000
Outstanding ordinary shares, ending- 1,650,000 

IamLearning Corporation issued additional 300,000 ordinary shares on June 1 and another 150,000 ordinary shares on Nov 1 as part of its financing plan. What is the book value per share of IamLearning Corporation as of December 31? 

a. Php1.37
b. Php1.18
c. Php1.34
d. Php0.94
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