How much earnings per share presented in financial statement, Financial Accounting

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How much earnings per share presented in financial statement

Problem

Papasa Ka Sa Quali Corporation earned P540,000 during the year. The shareholder's equity is composed of 30,000, P10 par value ordinary shares and 20,000,P30 par value 10% cumulative preference shares throughout the year. The board of directors decided not to declare dividends to help the company recover from the effects of pandemic. How much is the earnings per share presented in the financial statement?

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Financial Accounting: How much earnings per share presented in financial statement

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Financial Accounting: How much earnings per share presented in financial statement

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