Acquirer Shares OutstandingTarget Shares OutstandingAcquirer Share PriceTarget Share PriceStock ConsiderationCash ConsiderationShare Issuance DiscountTax Rate917,712991,8131,000,00025,000$5.00$10.00Given the following data, calculate the pro forma number of shares outstanding (Rounding to theclosest whole number).1,081,6331,261,613$400,000$200,0002%25%

Answer: 1,081,633 Detailed Explanation Calculation of proforma number of shares outstanding Share…

Answered: Acquirer Shares Outstanding Target…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Preferred shares, $4.55 non-cumulative, 52,000 shares authorized and issued* $ 3,328,000 Common shares, 87,000 shares authorized and issued* 1,392,000 Required:Part A1. Calculate the total dividends paid in each year to the preferred and to the common shareholders.
Information for Sabas Company # Shares Par Value Cumulative Preferred Stock 20,000 $100.00 1.5% Common Stock 100,000 $50.00 N/A Year 1 Year 2 Year 3 Total dividends paid $12,000.00 $18,000.00 $90,000.00 Determine the dividends for each class of stock for each year and the dividends per share for each class of stock for each year. Description Year 1 Year 2 Year 3 Total Distribution Preferred Stock Common Stock Preferred dividends in Arrears Dividends Per share Preferred Stock Common Stock
Question: How much is the total legal capital contribution?
Question 2The equity accounts of Marvell Ltd. on January 1, 2020, were as follows.Share Capital—Preference (9%, $50 par, cumulative,10,000 sharesauthorized, 8,000 shares issued)?Share Capital—Ordinary ($1 stated value, 2,000,000 shares authorized,1,000,000 shares issued)?Share Premium—Preference 100,000Share Premium—Ordinary 1,450,000Retained Earnings 1,816,000During 2020, the corporation had the following transactions and events pertaining to its equity.Jan 25 Purchased 20,000 ordinary shares for the treasury at a cost of $2.5 per share.Feb. 1 Issued 50,000 ordinary shares for $152,000.Apr. 14 Reissued 10,000 treasury shares—ordinary for $42,000.Nov. 10 Purchased 1,000 ordinary shares for the treasury at a cost of $6 per share.Dec. 31 Determined that net income for the year was $452,000. Close the income summaryaccount.Dec. 31 Declared a dividend of $0.5 per ordinary share, to be payable in April 2021. Dividendfor the preference shares was not paid in 2019.Instructions(a.) Journalize…
Determine common stock dividend per share: Stockholder equity: 7 1/2% cumulative preferred stock, $100 par value 100,000 share authorized $2, 600,000 Common stock $2 par value, 900,000 shares authorized 900,000 Additional paid in caital: common stock 8,700,000 Retained earnings 2,595,000 Total stockholders equity 14,795,000 Assume that retained earnings at the beginning of the year amounted to $717, 500 and the net income for the year was $3,970,000. What was the dividend declared during the year on each of the common stock? Number of issued shares of preferred stock 26000 Annual preferred stock dividend 195,000 Number of oustanding shares of common stock 450000 Average issuance price of…
Compute book value per share of common stock using the following info: 8% cumultive preferred stock, $100par $230,000 Common stock, $5 par authorized 100,000 issued 60,000 $300,000 Additional paid in capital $440,000 Deficit amount $146,800 Dividends in arrears on preferred stock 1 full year $18,400
Problem 3: Carr Company reported the following shareholders' equity on January 1, 2021: Preference share capital Share premium – preference Ordinary share capital Share premium – ordinary Retained earnings Treasury shares – ordinary 1,800,000 90,000 5,150,000 3,500,000 4,000,000 270,000 On January 1, 2021, Carr Company had 100,000 authorized shares of P100 par, 10% cumulative preference share capital and 3,000,000 authorized shares of no-par ordinary share capital with a stated value of P5 per share. On January 10, 2021, Carr formally retired all the 30,000 ordinary shares of treasury. The treasury shares had been acquired in the previous year and were originally issued at P10 per share. Carr owned 10,000 ordinary shares of Bush Company purchased several years ago for P600,000. On February 15, Carr declared and paid a dividend in kind of one share of Bush for every hundred ordinary shares of Carr held by a shareholder of record on February 28, 2021. The market price of Bush share was…
Prepare the shar (b) financial position at Decen to shareholders' equity 1. The following information relates Preference Share Capital, 12%, P50 par cumulative, 10,000 shares authorized Ordinary Share Capital, P1 stated value, 2,000,000 shares authorized Share Premium - Preference Paid in Capital in Excess of Stated Value Retained Earnings P 400,000 1,000,000 80,000 1,400,000 1,816,000 40,000 Treasury Shares - Ordinary (10,000 shares) During 2018, the corporation had the following transactions and events pertaining to its shareholders' equity: Issued 20,000 ordinary shares for P100,000 Sold 6,000 treasury shares for P28,000. Issued 5,000 shares of ordinary share capital for a piece of equipment with cash price of P25,000. Purchased 1,000 shares of ordinary for the treasury at a cost of P6,000. Declared the annual dividend on preference share and PO.20 cash dividend on ordinary share. Determined that profit for the year was P377,000 Feb. 1 Apr. 30 Sept. 1 Nov. 2 Dec. 31 31 31 The fair…
Information concerning the capital structure of Martinez Corporation follows: Common shares outstanding Convertible preferred shares outstanding 9% convertible bonds December 31, O $3.99 O $2.99 $3.57 O $3.73 2023 108000 shares 10800 shares $2000000 2022 108000 shares 10800 shares $2000000 During 2023, Martinez paid dividends of $1.00 per common share and $2.50 per preferred share. The preferred shares are non- cumulative, and convertible into 21600 common shares. The 9% convertible bonds are convertible into 40000 common shares. Net income for calendar 2023 was $506608. Assume the income tax rate is 30%. What is the diluted earnings per share for 2023?
Problem #2 Share Dividends Assume the following data: Ordinary Shares, P100 par value, 50,000 shares issued P5,000,000 Share Premium 200,000 2,000,000 Retained Earnings Market Value-declaration date 150 Market Value-distribution date 170 Required: For each of the following assumptions, prepare entries on the date of declaration and date of рayment: 1. A 20% share dividends is declared on ordinary shares. 2. A 10% share dividends is declared on ordinary shares.
Hansaben
Effect of financing on earnings per share

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