Brave Company reported the following shareholders equity on December 31, 2022: ...
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Accounting
Brave Company reported the following shareholders equity on December 31, 2022:
Preference share capital, 12% cumulative and fully participating P100 par, authorized 20,000 shares issued 15,000s of which 1,000 shares are in the treasury and the last dividend was in 2017.
1,500,000
Treasury preference shares, at cost
110,000
Subscribed preference share capital
200,000
Subscription receivable preference
130,000
Ordinary share capital, par value P100, authorized 50,000 shares, issued 30,000 shares of which 1,000 shares are reacquired
3,000,000
Treasury ordinary shares, at cost
70,000
Subscribed ordinary share capital
500,000
Subscription receivable ordinary
200,000
Share premium
300,000
Retained earnings unappropriated
968,000
Retained earnings appropriated
680,000
Questions:
1. What is the book value per preference share?
171.09
196.57
152.00
172.00
2. What is the book value per ordinary share?
124.43
133.41
112.44
124.00
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