At 1 July 20X4 a limited liability company's capital structure was as follows: $ Share capital 1,000,000 shares of 50c each 500,000 Share premium account 400,000 In the year ended 30 June 20X5 the company made the following share issues: 1 January 20X5: A bonus issue of one share for every four in issue at that date, using the share premium account. 1 April 20X5 A rights issue of one share for every ten in issue at that date, at $1.50 per share. What will be the balances on the company's share capital and share premium accounts at 30 June 20X5 as a result of these issues? Share capital Share premium account $ $ A 687,500 650,000 B 675,000 375,000 C 687,500 150,000 D 687,500 400,000

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.