Below is the Shareholders' equity of Dexter Co. on Dec. 31, 2020: 12% Preference Capital, P100 par 14% Preference Capital, P300 par Ordinary share capital, P100 par Retained Earnings P2,000,000...

Dexter Co

Extracted text: Below is the Shareholders' equity of Dexter Co. on Dec. 31, 2020: 12% Preference Capital, P100 par 14% Preference Capital, P300 par Ordinary share capital, P100 par Retained Earnings P2,000,000 3,000,000 5,000,000 2,240,000 Share Premium 1,500,000 The 12% preference share is cumulative while the 14% preference share is participating. Dividends have not been paid for 3 years. What is the book value per ordinary share?