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What is the book value per ordinary share

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Reference no: EM133110013

Question - On December 31, 2020, the shareholders' equity of BSA Corporation showed 10,000 authorized shares P1,000 par value 6% Preference Share, 1,000 shares issued and outstanding; Share Premium-Preference P300,000; 500,000 shares P5 par value Ordinary shares authorized, 200,000 shares issued, 190,000 shares outstanding; Share Premium-Ordinary P400,000, Retained Earnings P500,000 and Treasury Stock P100,000. No dividends were declared in 2018 and 2019. What is the book value per ordinary share?

A) P10.20

B) P10.11

C) P 9.60

D) P10.74

Reference no: EM133110013

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