Reference no: EM132772300
Jayden Company provided the following data on December 31, 2020:
Preference share capital, 10% cumulative and nonparticipating, ?100 par, 34,000 shares 3,400,000
Ordinary share capital, ?100 par, 68,000 shares 6,800,000
Subscribed ordinary share capital, 34,000 shares 3400,000
Subscription receivable 850,000
Share premium 1,700,000
Retained earnings 4,080,000
Treasury ordinary shares, 17,000 at cost 1 360,000
Dividends are in arrears for 3 years.
Problem 1: What is the book value per ordinary share?
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