8. How much is the book value per 10% preference share? a. 525.22 b. 535.50 с. 522.52 d. 432.56 9. How much is the book value per 8% preference share? a. 358 b. 336 С. 422 d. 432 10. How much is the book value per ordinary share? 52.6 b. 48.23 a. C. 44.75 d. 42.64

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
3,280,000
16,080,000
Retained earnings
Total shareholders' equity
Dividends are in arrears for three years.
8. How much is the book value per 10% preference share?
a. 525.22
b. 535.50
с. 522.52
d. 432.56
9. How much is the book value 8% preference share?
per
a. 358
b. 336
C. 422
d. 432
10. How much is the book value per ordinary share?
a. 52.6
b. 48.23
C. 44.75
d. 42.64
Transcribed Image Text:3,280,000 16,080,000 Retained earnings Total shareholders' equity Dividends are in arrears for three years. 8. How much is the book value per 10% preference share? a. 525.22 b. 535.50 с. 522.52 d. 432.56 9. How much is the book value 8% preference share? per a. 358 b. 336 C. 422 d. 432 10. How much is the book value per ordinary share? a. 52.6 b. 48.23 C. 44.75 d. 42.64
Use the following information for the next three questions:
The shareholders' equity of QUALM MISGIVING Co. as of year-
end consisted of the following:
10% Preference share, cumulative, fully participating,
P400 par, 20,000 shares
8% Preference share, noncumulative, fully participating,
8,000,000
P320 par, 2,500 shares
800,000
Ordinary share, P40 par, 100,000 shares issued and
outstanding
4,000,000
Transcribed Image Text:Use the following information for the next three questions: The shareholders' equity of QUALM MISGIVING Co. as of year- end consisted of the following: 10% Preference share, cumulative, fully participating, P400 par, 20,000 shares 8% Preference share, noncumulative, fully participating, 8,000,000 P320 par, 2,500 shares 800,000 Ordinary share, P40 par, 100,000 shares issued and outstanding 4,000,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education