At December 31, 2018 and 2019, Eagle Company had outstanding 4,000 shares of P100 par value 12% cumulative, fully participating preference share and 20,000 of Pl0 par value ordinary share. At December 31, 2018, dividends in arrears on the preference share were P24,000. Cash dividend declared in 2019 totaled P108,000.What are the amounts of dividend per share on the preference shares and ordinary shares, respectively? * P20.00 and Pl.40 P20.00 and Pl.80 P18.00 and Pl.40 P18.00 and Pl.80

Q: Cash dividends on the $10 par value common stock of Garrett Company were as follows: 1st quarter of…

A: Stockholder's Equity - Stockholder's Equity includes the amount contributed by shareholders issued…

Q: At December 31, 2019 and 2020, ABC Company had outstanding 40,000 shares of P100 par value 6%…

A: The dividend is declared to the shareholders from the retained earnings of the business. The…

Q: n April 8, 2019, GODLY Corporation declared and issued a 25% ordinary share capital dividend. Prior…

A: The amount to be debited to retained earnings will be equal to the total par value of shares issued…

Q: 1. On December 31, 2021 and 2020, Go Company had 100,000 ordinary shares and 10,000 cumulative…

A: Dividend means the amount given to shareholder of the company as profit distribution by  company.…

Q: During 2021, CAPTAIN AMERICA Company had two classes of shares issued and outstanding for the entire…

A: Basic Earnings Per share = Earnings Available for Ordinary Share holders/Number of Ordinary Shares…

Q: Del Valle Company provided the following shareholders’ equity on December 31, 2021:

A: Answer: Book value per ordinary share= Book value/ No of shares   Calculation of No of shares: =…

Q: At December 31,2018 and 2019, TJH Company had outstanding 4,000 shares of P 100 par value, 12%…

A: Preference shares are the investment securities which get fixed return in the form of dividends and…

Q: lala provided the following shareholders’ equity on December 31, 2021:   Preference share capital,…

A: Given that the 8% preference shares are non cumulative and hence the dividend in arrears are not…

Q: 1. At January 1, 2019, Marion Company had 400,000 shares of common stock issued and outstanding,…

A: Earnings per share are the amount that is earned by the equity shareholder on each share in which…

Q: Stan statement of financial position shows total shareholders' equity of P3,150,000 as of December…

A: Solution: Outstanding shares = Issued shares - shares in treasury = 52000 - 2000 = 50000 shares

Q: he Net Profit of ABC company for the year 2019 was OMR 11,400. The company issued 40,000 6%…

A: Introduction:- Company must pay dividends to the preference shareholders then company distribute…

Q: The shareholders' equity section of M Co. on December 31, 2018 showed the following:   Ordinary…

A: A stock dividend appears to be a dividend payment made to investors in the form of shares rather…

Q: Mack Company reported the following outstanding share capital on December 31, 2020:       - 30,000…

A: A dividend means the amount given to the shareholder of the company as profit distribution by the…

Q: The capital structure of THOR Company on December 31, 2020, is as follows: • 12% Preference shares,…

A: No. of shares issued from donated shares = No. of donated shares  x 1/2 = 20000 shares x 1/2 =…

Q: As of Dec. 31, 2020, DM Corporation has 10% Preference shares (cumulative and participating) with…

A: Dividend means the amount given to shareholder of the company as profit distribution by company.…

Q: Affleck Company has the following types of outstanding shares at December 31, 2020: ·…

A: Dividend on 12% Preference Share = P4,000,000 x 12% = P480,000 Dividend on 10% Preference Share =…

Q: Pluto Company began operations on January 1, 2019 with an authorized capital of 500,000 preference…

A: Contributed capital: It is the total value of shares issued during a period. The shares issued…

Q: PPP Company provided the following shareholders’ equity on December 31, 2020: Preference share…

A: Noncumulative describes a type of preferred stock that does not entitle investors to reap any missed…

Q: net income for 2020 was $1.5 million and 6% cumulative preferred shares outstanding on 31 december…

A: As the name suggests, Earning per share is calculated by dividing net income by number of…

Q: The information below is available for XYZ Co. . The number of shares to be used in computing…

A: Earnings per ordinary share means how much earnings is attributable to one share. Earnings…

Q: The capital structure of THOR Company on December 31, 2020, is as follows: 12% Preference shares,…

A: Formula: Total dividends = Preferred dividends + Ordinary dividends

Q: ABC, Inc. has 30,000 shares of P10 par value ordinary share capital issued and outstanding as of…

A: Shares is an important source of finance for the business. There can be common shares or preference…

Q: ABS Co. had 900,000 ordinary shares issued and outstanding at December 31, 2019. On July 1, 2020 an…

A: First, calculate the diluted effect on stocks: Stock option dilluted effect=Share option…

Q: Alison Corporation had net income for 2025 of $41,900. Alison Corporation had 18,400 shares of…

A: Earnings per share is calculated by dividing net income available to common stockholders' by…

Q: PPP Company provided the following shareholders’ equity on December 31, 2020: Preference share…

A: Non-participating preferred stock is preferred stock that specifically limits the amount of…

Q: 1. Determine the amount of the ordinary share capital at the end of 2021. 2. Total share premium…

A: Treasury shares are own shares that are purchased for the purpose of re-issuing them at a higher…

Q: K. The shareholder's equity section of Angel Inc. showed the following data on December 31, 2018:…

A: Answer:-  Legal capital meaning:- Legal capital is that portion of a firm's stock that can not be…

Q: Below is the Shareholders' equity of Dexter Co. on Dec. 31, 2020: 12% Preference Capital, P100 par…

A: The book value of a share in the value that a shareholder will receive if the company gets…

Q: On March 1, 2019, Mall Co. issued 60,000, P50 par value, ordinary shares and 20,000, P100 par value,…

A: Here in this question, we are required to determine how much proceeds should be allocated to…

Q: The shareholders' equity of Gregorio Company included P4,000,000 of P10 par ordinary share capital…

A: A dividend is considered as a part of the distributable profit distributed by the company to its…

Q: For the year 2019, a business reports $450,000 increase in Share capital - Ordinary, $5 par value,…

A: Given that, increase in share capital = $450000 Increase in share premium = $550000 shares issued in…

Q: On December 31, 2021, XYZ Corporation had 200,000 Ordinary shares and 20,000 cumulative 5%…

A: Cumulative preference share dividend is deducted on accrual basis from net income for the current…

Q: On December 31, 2021, WHITE Company reports the following amounts in its shareholders' equity…

A: Book value per share refers to the net worth of the business divided by the Number of shares…

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.