s of December 31:     Current Assets- P1,880,000  Current Liabilities- P550,000  Non-current Assets- P2,000,000  Non-current Liabilities- P1,450,000  Outstanding ordinary shares, beginning- 1,200,000 Outstanding ordinary shares, ending- 1,650,000  IamLearning Corporation issued additional 300,000 ordinary shares on June 1 and another 150,000 ordinary shares on Nov 1 as part of its financing plan. What is the book value per share of IamLearning Corporation as of December 31?  a. Php1.37 b. Php1.18 c. Php1.34

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 4PA: Wingra Corporation was organized in March. It is authorized to issue 500,000 shares of $100 par...
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IamLearning Corporation showed the following balances in its financial records as of December 31:    
Current Assets- P1,880,000 
Current Liabilities- P550,000 
Non-current Assets- P2,000,000 
Non-current Liabilities- P1,450,000 
Outstanding ordinary shares, beginning- 1,200,000
Outstanding ordinary shares, ending- 1,650,000 

IamLearning Corporation issued additional 300,000 ordinary shares on June 1 and another 150,000 ordinary shares on Nov 1 as part of its financing plan. What is the book value per share of IamLearning Corporation as of December 31? 

a. Php1.37
b. Php1.18
c. Php1.34
d. Php0.94
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