Compute the book value per ordinary share, Accounting Basics

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Compute the book value per ordinary share

On December 31, 2011, Colaw Company reports the following amounts in its equity section:
Share capital-ordinary $2,400,000
Share premium-ordinary 900,000
Retained earnings 1,780,000
Treasury shares 180,000

The ordinary shares have a stated value of $10 per share. One million ordinary shares are authorized and 40,000 shares are held in the treasury.

Instructions
Compute the book value per ordinary share

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Accounting Basics: Compute the book value per ordinary share

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Accounting Basics: Compute the book value per ordinary share

Reference No:- TGS089760

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Accounting Basics: Compute the book value per ordinary share

Reference No:- TGS089760

Recent Questions Asked Accounting Basics

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