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Find what book value per ordinary share held by darius is

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Problem 1: On April 1, 2020, Darius acquired 2,000 ordinary shares at P48 per share in Alan Enterprises and classified the Equity investment FVOCI. In addition, the broker's commissions for this transaction were P2,400. During 2020, Darius received P7,200 in cash dividends, and on July 1, 2020, a 5% stock dividend was issued. On December 1, Alan issued a 2-for-1- stock split. At December 31, 2020, the book value per ordinary share held by Darius is?

Option 1: 23.43
Option 2: 22.86
Option 3: 24.60
Option 4: 25.14

Reference no: EM132727320

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