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Question
Problem 3: (Book Value per share)
The shareholders’ equity of HUE Corporation on December 31 of the current year is
shown below. Dividends
are in arrears for two years.
6% Preference Share Capital, ₱100 par, 10,000 authorized, issued 6,000 shares ₱
600,000
Ordinary Share Capital No-par, ₱25 stated value, authorized 20,000 shares;
issued 10,000 shares of which 1,000 shares are in the treasury 250,000
Share Premium – Ordinary, no-par 46,000
Share Premium – Preference 30,000
Accumulated Profits 132,000
Appropriated for Plant Expansion 35,000
Appropriated for Treasury Shares 30,000
Treasury Shares – ordinary no-par, 1,000 sh. at cost 30,000
Requirements:
D. Compute for the ff:
9. Compute the excess over par
10. a. Compute for the book value per share – preference
b. Compute for the book value per share - ordinary
Problem 3: (Book Value per share)
The shareholders’ equity of HUE Corporation on December 31 of the current year is
shown below. Dividends
are in arrears for two years.
6% Preference Share Capital, ₱100 par, 10,000 authorized, issued 6,000 shares ₱
600,000
Ordinary Share Capital No-par, ₱25 stated value, authorized 20,000 shares;
issued 10,000 shares of which 1,000 shares are in the treasury 250,000
Share Premium – Ordinary, no-par 46,000
Share Premium – Preference 30,000
Accumulated Profits 132,000
