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Which of the entities is rank higher than the others

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Reference no: EM132940038

Problem 1: Which of the following entities is rank higher than the others according to Philippines' Top 10 Largest Companies by asset value in 2020?

Option 1: Top Frontier Investment Holdings
Option 2: JG Summit Holdings
Option 3: San Miguel Corporation
Option 4: Ayala Corporation

Problem 2: BSBA Inc. has issued 100,000 shares of P5 par value ordinary shares at P20. If it repurchases 10,000 shares during 2020 at P30,

Option 1: Shareholders' equity would decrease by P300,000.
Option 2: profit would decrease by P100,000.
Option 3: profit would decrease by P300,000.
Option 4: Shareholders' equity would decrease by P100,000.

Reference no: EM132940038

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