11. The following data of Slapshock Corporation as of December 31, 2019 showed the following: Preference share capital, P 100 par P 820,000; Ordinary share capital, P 30 par, 300,000 shares authorized, 100,000 shares issued and outstanding P3,000,000; Preference share premium P410,000; Ordinary share premium P3,300,000. What was the original issue price per share of preference share capital? 12. Using data in no. 11, what was the original issue price per share of ordinary share capital? 13. Using data in no. 11, how many shares of preference share capital were issued and outstanding as of December 31, 2019?
11. The following data of Slapshock Corporation as of December 31, 2019 showed the following: Preference share capital, P 100 par P 820,000; Ordinary share capital, P 30 par, 300,000 shares authorized, 100,000 shares issued and outstanding P3,000,000; Preference share premium P410,000; Ordinary share premium P3,300,000. What was the original issue price per share of preference share capital? 12. Using data in no. 11, what was the original issue price per share of ordinary share capital? 13. Using data in no. 11, how many shares of preference share capital were issued and outstanding as of December 31, 2019?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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11. The following data of Slapshock Corporation as of December 31, 2019 showed the following: Preference share capital, P 100 par P 820,000; Ordinary share capital, P 30 par, 300,000 shares authorized, 100,000 shares issued and outstanding P3,000,000; Preference share premium P410,000; Ordinary share premium P3,300,000. What was the original issue price per share of preference share capital?
12. Using data in no. 11, what was the original issue price per share of ordinary share capital?
13. Using data in no. 11, how many shares of preference share capital were issued and outstanding as of December 31, 2019?
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