Cabuslay Company showed the following shareholders’ equity on December 31, 2021:   Ordinary share capital, P100 par                                                              2,000,000 Preference share capital, 8% P50 par, cumulative and participating        2,500,000 Preference share capital, 10% P50 par, noncumulative       and participating                                                                                  1,500,000 Retained earnings                                                                                        270,000   Dividends are in arrears for two years, and preference share has preference as to assets. Compute the Book value per ordinary share

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.