What is the book value per preference share

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Question - Equity balances of Neptali Company on December 31, 2021 follow:

12% Preference shares, 200,000 shares, par P100 20,000,000

Ordinary shares, 500,000 shares, par P50 25,000,000

Share premium 20,000,000

Retained earnings 10,000,000

The preference shares have a call price of 115, a liquidation price of 120. Dividends have not been paid for 3 years.

Provide answers and solution.

1. What is the book value per preference share?

2. What is the book value per ordinary share?

Reference no: EM132951065

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