Compute the book value per share for two classes of stock

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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?

Reference no: EM132899444

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