Reference no: EM132899444
Question - Below is the Stockholders' Equity section of ANZ Enterprise for the year ended 2021.
6% Preferred stock, P100 par value, cumulative andfully participating, 15,000 shares authorized, 8,000 shares issued and outstanding P 800,000
Common stock, P5 par value, 200,000 shares authorized, 100,000 shares issued and outstanding 500,000
Additional paid in capital 1,000,000
Retained earnings 276,000
Treasury shares -
Total stockholders' equity P2,576,000
Additional information: Dividend in arrears is for two years
Required - Compute the book value per share for two classes of stock?
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Compute the book value per share for two classes of stock
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