Old MathJax webview

Old MathJax webview

Old MathJax webview

Please provide also the solution.

Please provide solution. Thank you.

4. How much is the book value per ordinary share? a. P112.00 b. P128.00 C. P50.00 d. P108.67 5. How much is the book value per preference share? Case No. 3: Assume that the preference shares are noncumulative. C. P432.00 a. P528.00 b. P548.00 d. P900.00 a. P112.00 b. P128.00 participating. 6. How much is the book value per ordinary share? C. P50.00 d. P108.67 Case No. 4: Assume that the preference shares are cumulative and 1. How much is the book value per preference share? c. P432.00 d. P786.00 8. How much is the book value per ordinary share? P112.00 c. P69.00 b. P128.00 d. P108.67 a. P528.00 b. P548.00 a. PROBLEM 30-2 Two Classes of Shares - Preference and Ordinary Shares Data relating to the shareholders' equity of Loven's Co. during December 31, 2016 are as follows: 8% Preference share, P400 par, 12,500 shares 5,000,000 Ordinary share, P40 par, 75,000 shares issued 3,000,000 Retained earnings 7,000,000 Total shareholders' equity 15,000,000 Dividends are in arrears for 4 years. a. 2. Questions: Based on the above data, answer the following independent cases: Case No. 1: Assume that the preference shares are cumulative. 1. How much is the book value per preference share? P528.00 c. P432.00 b. P548.00 d. P900.00 How much is the book value per ordinary share? P112.00 C. P50.00 b. P128.00 d. P108.67 Case No. 2: Assume that the preference shares are cumulative with liquidation value of P420 per share. 3. How much is the book value per preference share? P528.00 c. P432.00 b. P548.00 d. P900.00 a. a. 4. How much is the book value per ordinary share? a. P112.00 b. P128.00 C. P50.00 d. P108.67 5. How much is the book value per preference share? Case No. 3: Assume that the preference shares are noncumulative. C. P432.00 a. P528.00 b. P548.00 d. P900.00 a. P112.00 b. P128.00 6. How much is the book value per ordinary share? C. P50.00 d. P108.67 Case No. 4: Assume that How much is the book value per preference share? c. P432.00 d. P786.00 8. How much is the book value per ordinary share? P112.00 c. P69.00 b. P128.00 d. P108.67 participating. a. P528.00 b. P548.00 a