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Compute the book value per share of the ordinary share

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Question - Compute the book value per share of the ordinary share. On December 31, 2021, WHITE Company reports the following amounts in its shareholders' equity section: Ordinary Shares, #2,400,000; Share Premium in excess of stated value, P900,000; Accumulated Profits, P1,180,000; Treasury Shares-ordinary, #180,000. The ordinary share has a stated value of P50 per share. Two hundred thousand shares of ordinary are authorized, and 4,000 shares are held in the treasury.

Reference no: EM133178412

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