What is the book value per share for abc corporation

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Problem 1: As of December 31, 2020, ABC Corporation reported 200,000 P10-par value ordinary shares authorized, 100,000 shares issued. Total shareholders equity has a balance of P9,150,000. During 2020, the entity made a profit P3,500,000, declared P1,000,000 cash dividend and 100% share dividend. What is the book value per share in 2019?

a. P 71.50
b. P 76.50
c. P143.00
d. P153.00

Reference no: EM132803943

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