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What is the book value per preference share

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Question - On December 31, 2021 Stellar Company had 50,000 shares of P100 par value ordinary share capital outstanding and 30,000 shares of P100 par value 10% noncumulative preference shares. The total shareholders' equity on December 31, 2021 amounted to P13,000,000. The preference shareholders have a liquidation value of P120 per share and preference dividends have been paid up to December 31, 2021.

Required -

1. What is the book value per preference share?

2. What is the book value per ordinary share?

Reference no: EM132953090

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