Supposed that the given values above are the accounting values of the Camille Corporation, what is its book value per share? b. Suppose that the market value of property, plant, and equipment of Camille Corporation increased by P3 million while all other assets remain the same. How much is the liquidation value per share of Camille Corporation?
Below is the
Cash 675,000
Accounts receivable (net) 2,695,000
Inventory 2,185,000
Property, plant, and equipment (net) 10,245,000
Accounts payable and accrued liabilities 1,800,000
Income tax payable 1,500,000
Ordinary share (100,000 @ P15 per share) 1,500,000
Ordinary share premium 3,000,000
Net sales and other revenue 15,000,000
Cost and expenses 10,000,000
Income tax expense 2,100,000
27,900,000 27,900,000
a. Supposed that the given values above are the accounting values of the Camille Corporation, what is
its book value per share?
b. Suppose that the market value of property, plant, and equipment of Camille Corporation increased by
P3 million while all other assets remain the same. How much is the liquidation value per share of
Camille Corporation?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
