Book Value (BV) per share
Q: Part A Phelps Corporation has two classes of share capital outstanding: $5 par ordinary and $20 par…
A: Company means the form of business where the owner are allotted shares. Journal entry means the book…
Q: Compute for the book value per share on preference and ordinary share under each of the following…
A: The underlying value of the financial assets in the books of accounts of the company is known as…
Q: The equity accounts of Marvell Ltd. on January 1, 2020, were as follows. Share Capital Preference…
A: The purpose of making the Balance Sheet or the Statement of Financial Position is to present the…
Q: )The shareholders equity secton of the statement of financial position of FGH company showi the…
A: Dividend is the share of profit declared and distributed by a company to its shareholders. When…
Q: ABC Corporation provided you the following information on January 01, 2021: Share capital, P10 par…
A: The journal entries are prepared to keep the record of day to day transactions of the business. The…
Q: In its 2020 income statement, how much should ABC Company report as basic earnings per share?
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Q: The shareholder' equity of M Corp on Dec 31, 2021 follows: 10% Preference share capital P100 par,…
A: The dividend in arrears are paid to only cumulative preference shareholders. The book value per…
Q: The following data are presented for Caroline company for the year ended December 31, 2020.…
A: A financial statement is a written statement of the company. This statement represents the financial…
Q: PART B On 1 July 2020, ABT Ltd had the following two equity accounts on its Balance sheet:…
A: Stockholder's Equity - Stockholder's Equity includes the amount contributed by shareholders issued…
Q: ABC Corporation provided you the following information on January 01, 2021: Share capital, P10…
A: Company means a form of business where the share holder invest money in business in form of shares…
Q: Color Unite Company reported the following on December 31, 2020: 8% cumulative preference share…
A: The earning per share is an important fundamental ratio of the company. It describes the ratio…
Q: The share capital of Bailey Ltd on 30 June 2022 was: Share capital: 400 000 'A' ordinary shares…
A: The right share issue is made to the company's existing shareholders. The right shares are issued at…
Q: Ellie Company provided the following shareholders' equity on December 31, 2020: Preference share…
A: The determination of total amount of Dividends to be declared for the Preference and Ordinary…
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: Condensed statement of financial position for What and Ever Corporation at December 31,2020 follows…
A: Consolidation refers to the combination or acquisition of another entity by acquiring equity of that…
Q: 2 Jacob Company provided the following sharcholders' equity on December 31, 2020: Cumulative…
A: Cumulative preference shareholders are those shareholders on which dividend amount will accumulated,…
Q: Bulgasal Company provided the following data: 2020 2021 Share capital (P100 par value) 5,000,000…
A: Solution Given 2020 2021 Share capital (P100 par value) 5,000,000 5,850,000…
Q: Rose Company reports net inconme of 5900,000 for 2021. declarrs and pays prefemed shares dividends…
A: In order to determine the earning per share, the earnings available to equity shareholders are…
Q: employees allowing them to purchase one ordinary share Ordinary share capital, P100 par value,…
A: Answer to (1) Calculation of Basic erning per share: Basic EPS = Net income for equity shareholders…
Q: pital structure of Thor Company on December 31, 2019 follows: 12% Preference share capital, P200…
A: Stockholders' equity, also known as shareholders' or owners' equity, is the amount of assets…
Q: BABA Company has 2,000 shares of 5%, P100 par non-cumulative preference share outstanding at…
A: Dividends: Its a return given to share holders on their investments with company.
Q: How much is the total shareholders' equity on December 31, 2021?
A: The Shareholders' Equity is consist of the net worth of the companies, and it also refers to the…
Q: Required: 1. Prepare the ordinary share capital account for the year. Prepare the Retained Earnings…
A: Finance is blood for Every Business Organization. Business Entities need finance to start its…
Q: Problem 18-2 (ACP) Endless Company provided the following shareholders' equity on December 31, 2021:…
A: Preference shares: Preference shares allow an investor to own a stake in the issuing firm in…
Q: 9. ABC Corp holds 1,000 shares of XYZ Corp.'s shares since 2019. The following are data available…
A: Shares means an instrument which shows that the share holder is the owner of the company . When…
Q: Cy Co. had the following equity balances at the end of its first fiscal year: Preference share…
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Q: The following data is related to Y Corporation. On March 1, 2020: Y acquired 4% of the voting common…
A: The correct answer is c. Dr. Stock investment 20000 and Cr. Cash 20000.Explanation:Type of…
Q: How much is the shareholder's equity at 12/31/2019?
A: Shareholders Equity The preparation of shareholders equity which know the details of total equity…
Q: After the combination, what is the total stockholders' equity of Parent Corporation? * A The…
A: Solution Given Parent Subsidiary Capital stock 1500000 800000 Additional paid…
Q: XYZ Corporation reported the following shareholders equity on December 11, 2021 8% cumulative…
A: The following information given: 1. 8% cumulative preference share capital, P50 par, liquidating…
Q: 1. On 31 December 2020 a company's capital structure was as follows: Ordinary share capital OMR…
A: The journal entries for recording the rights issue, issue of bonus shares and the abstract of…
Q: On December 31, 2021, what is the book value per ordinary
A: Book Value of Ordinary Shares is the value of net assets available for ordinary equity shareholders.…
Q: Problem 1 (Adapted) The shareholders’ equity of Yelan Company showed the following account balances…
A: Share capital is one of the important source of finance for the business. It includes common share…
Q: ABC Company provided the following information on December 31, 2020 Share capital…
A: Contributed capital is also known as paid in capital, it is the total cash and assets the investors…
Q: HZ Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…
A: Dividend is distribution of cash or stock paid out to the shareholders out of stock. The working is…
Q: The shareholder’ equity of M Corp on Dec 31, 2021 follows: 10% Preference share capital P100…
A: The dividend is declared to the shareholders from the retained earnings of the business. The book…
Q: what the amount of dividends paid to the company's ordinary shareholders
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: XYZ Corporation reported the following shareholders equity on December 31, 2021 8% cumulative…
A: Cumulative preference shares are those share holders who have right to receive dividend first,…
Q: Question 2 The equity accounts of Marvell Ltd. on January 1, 2020, were as follows. Share…
A:
Q: Problem: The PT FELIA Equity account balance on December 31, 2020 is as follows: Share…
A: Shareholders' equity section is presented in the statement of financial position. It contains the…
Q: The shareholders' equity of the ABA Company on January 1, 2020 is presented below: Share capital,…
A: It shows the sum of the amount invested by shareholders and retained earnings. It is divided into…
Q: lnquidating value of P55 per share, what is the book value per ordinary share?
A: Shares are issued by companies to finance their business by pooling money from the market. The…
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- The investment accounts maintained by Dexter Company were shown below: Available for Sale Securities - Y Company Ordinary Date Particulars 01-01-2020 Beginning Balance, 3,000 shares 36,000 01-12-2020 2 for 1 share split ( market price after the share split is P7) 12,000 03-17-2020 Sold 1,000 shares at P8 8,000 10-01-2020 Purchased 2,000 additional shares of Y Ordinary at P8 per share plus transaction costs of P0.50 per share 17,000 11-30-2020 Sold 1,000 shares at P8.50 8,500 12-31-2020 Adjustment to fair value (FV is P9.20 per share.) 6,700 Financial Assets at Fair Value through Profit or Loss 0 B Company 06-30-2020 Received a dividend of 1 share of B Company ordinary for every 5 shares of Y Company Ordinary. Market price on this date of B Company Ordinary is P2.50. The shares have par value of P1. 1,000 09-10-2020 Sold 500 shares for P2.80 per share 1,400 12-31-2020 Adjustment to market; fair value is P3.20 per share 2,000 Additional Information: • You traced the…for the attached comprehensive problem, please make statement of equity (SCE)The shareholder' equity of L Corp on Dec 31, 2021 follows: 10% Preference share capital P100 par, 45,000 shares P4,500,000 Ordinary share capital, P20 par, 180,000 shares P3,600,000 Preference share premium P1,000,000 Ordinary share premium P900,000 Retained Earnings P5,390,000 Total shareholder's equity P15,390,000 Preference share are cumulative with dividends in arrears for 2 years with a liquidation value of P110. What is the book value per share of preference share capital?
- Jason’s Corp balance sheet as of December 31, 2021, reveals the following information. Preferred stock, $100 par $ 600,000 Paid-in capital in excess of par—preferred 50,000 Common stock, $1 par 300,000 Paid-in capital in excess of par—common 520,000 Retained earnings 320,000 What was the total paid-in capital as of December 31, 2021? Question 6Answer a. $320,000 b. $1,470,000 c. $900,000 d. $1,790,000Hh1.ABC Corporation provided you the following information on January 01, 2021: Share capital, P10 par P4,000,000 Share premium 800,000 Retained earnings 3,500,000 Share transactions for the year 2021: Feb 10 – Declared 10% share dividend. Market value of each share – P20 March 10 – Issued and distributed share dividends declared on February 10 June 15 - Declared 20% share dividend. Market value of each share – P25 July 01 - Issued and distributed share dividends declared on June 15 December 03 – Declared cash dividend of P2 per share Retained earnings for the year 2021 would decrease by: a.3,616,000 b.2,336,000 c.3,616,000 d.1,056,000
- ABC Company was organized on January 1, 2020 with the following capital structure: 10% cumulative preference share capital, par value P10, liquidation value P12, authorized, issued and outstanding 100,000 shares, P1,000,000 Ordinary share capital, par value P100, authorized 40,000 shares, issued and outstanding 30,000 shares, P3,000,000 The net income for the year ended December 31, 2020 was P6,000,000 and no dividends were declared. What is the December 31, 2020 book value per ordinary shares? (Round answer to a whole number)3. Akea Corp., reports this journal entry on May 15, 2020: Cash 75,000 Ordinary Share Capital 63,000 Paid in Capital in Excess of Par 12,000 The explanation reads. “Issued ordinary share capital for P50 per share”. Compute the no. of shares issued for this transaction?15. Rock Company reported the following shareholders equity on December 31, 2022: Share capital, P50 par value 3,000,000 Share premium 600,000 Retained earnings 4,200,000 A 15% share dividend was declared and distributed on December 31, 2022 when entity’s share was selling at P65. What amount should be reported as share capital outstanding? Group of answer choices 3,450,000 3,585,000 3,615,000 4,185,000
- Compute for the following with solution: 1. Number of presefrence share subscribed 2. Number of Ordinary share subscribedPart A The equity section of Island Ltd as at July 1, 2020 is as follows: Share capital 2,000,000 ordinary shares, issued at $2 fully paid 6% 20,000 preference shares, issued at $3, fully paid General reserve Revaluation surplus Retained earnings $4,000,000 60,000 50,000 8,000 590,000 During the year ended June 30, 2021, the following transactions occurred: (1) On July 1, 2020, Island Ltd issued 2,000 ordinary shares at $2 each by private placement. All new shares are entitled to interim and final dividends. (ii) Declared $0.06 per share of interim dividend to all ordinary shareholders on December 1, 2020. (i) Payment of interim dividend to ordinary shareholders was made on February 28, 2021. (iv) Declared and paid a dividend to preference shareholders on March 31, 2021. (v) Declared final dividend of 2 cents per share to all ordinary shareholders on June 30, 2021. Required: Prepare journal entries for the above transactions. Show all workings and narrations.What is the gain or loss on sale of Dynamite Inc shares? a. 20,000 gain b. 20,000 loss c. 7,500 gain d. 7,500 loss e. None of the choices f. Others, specify:
