Isaw Company showed the following balances in its records as December 31: Current Assets P900,000.00 Current Liabilities 400,000.00 Noncurrent Assets 3,500,000.00 Noncurrent Liabilities 1,000,000.00...

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Isaw Company showed the following balances in its records as December 31:<br>Current Assets<br>P900,000.00<br>Current Liabilities<br>400,000.00<br>Noncurrent Assets<br>3,500,000.00<br>Noncurrent Liabilities<br>1,000,000.00<br>Outstanding ordinary shares, January 1<br>1,200,000<br>Outstanding ordinary shares, January 31<br>1,500,000<br>In June 1, Isaw company issued additional 300,000 shares to fund its investment.<br>How much is the book value per share? (Rounded to 2 decimals)<br>

Extracted text: Isaw Company showed the following balances in its records as December 31: Current Assets P900,000.00 Current Liabilities 400,000.00 Noncurrent Assets 3,500,000.00 Noncurrent Liabilities 1,000,000.00 Outstanding ordinary shares, January 1 1,200,000 Outstanding ordinary shares, January 31 1,500,000 In June 1, Isaw company issued additional 300,000 shares to fund its investment. How much is the book value per share? (Rounded to 2 decimals)

Jun 11, 2022

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Isaw Company showed the following balances in its records as December 31: Current Assets P900,000.00 Current Liabilities 400,000.00 Noncurrent Assets 3,500,000.00 Noncurrent Liabilities 1,000,000.00...

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