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Problem 1: As of December 15, 2020, ABC Corporation reported Ordinary Shares, 100,000 shares issued and outstanding, P15,000,000; Share Premium, P2,000,000; Retained Earnings, P9,150,000. The next day, the entity received donation P1,000,000 cash and 4,000 of its own shares from a shareholder when the market price is P261.50 per share. What is the new book value per share?
a. P282.81b. P271.50c. P293.71d. P281.96
Banff Water Inc. reacquired 30,000 shares of its common stock at $33 per share. Where will the balance of Treasury Stock be reported on the balance sheet
1. The common categories of risk include 2. The analyst should develop information for which of the following?
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