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Compute the book value per ordinary share

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Problem - Zod Company had 50, 000 shares of P50 par value ordinary share outstanding and 5,000 shares of P100 par preference share outstanding. The current market value of the ordinary share P120 and total share is P120 and total shareholders' equity amount to P3,600,000. The preference share has a liquidation value of 140 per share and no dividends are in arrears, Compute the book value per ordinary share.

Reference no: EM132940477

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