D. 6. Using the data below, How many shares of preference share capital wereissued during 2019? *The shareholders' equity of Bamboo Corporation at the end of 2019 and 2018 is as follows:Preference share capital, P 100 parOrdinary share capital, P 20 parPreference share premiumOrdinary share premiumRetained earnings2019P 1,000,0002,000,00016,0004,350,0002018P 600,0001,800,0003,750,00080,000180,000Your answer7. Using data in no. 6, at what average price was the preference share capitalissued during 2019? *Your answer8. Using data in no. 6, assuming no other transactions affected the RetainedEarnings except for the result of the corporation's operations, how much is the2019 profit (net loss)? *Your answer

Preference shares and common stock shares are two types of shares that is being issued by the…

D. 6. Using the data below, How many shares of preference share capital were issued during 2019? * The shareholders' equity of Bamboo Corporation at the end of 2019 and 2018 is as follows: Preference share capital, P 100 par Ordinary share capital, P 20 par Preference share premium 2019 P 1,000,000 2,000,000 2018 P 600,000 1,800,000 Ordinary share premium Retained earnings 16,000 4,350,000 80,000 3,750,000 180,000 Your answer 7. Using data in no. 6, at what average price was the preference share capital issued during 2019? * Your answer 8. Using data in no. 6, assuming no other transactions affected the Retained Earnings except for the result of the corporation's operations, how much is the 2019 profit (net loss)? * Your answer

D. 6. Using the data below, How many shares of preference share capital were issued during 2019? * The shareholders' equity of Bamboo Corporation at the end of 2019 and 2018 is as follows: Preference share capital, P 100 par Ordinary share capital, P 20 par Preference share premium 2019 P 1,000,000 2,000,000 2018 P 600,000 1,800,000 Ordinary share premium Retained earnings 16,000 4,350,000 80,000 3,750,000 180,000 Your answer 7. Using data in no. 6, at what average price was the preference share capital issued during 2019? * Your answer 8. Using data in no. 6, assuming no other transactions affected the Retained Earnings except for the result of the corporation's operations, how much is the 2019 profit (net loss)? * Your answer

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 18P

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1. Using the information provided below, what is the share premium balance on December 31, 2021? The following are Lyca Company's equity accounts at December 31, 2020: • Ordinary share capital, par value P10; authorized 200,000 shares; issued and outstanding 120,000 shares. ............... P1,200,000 • Share premium........ ............... 180,000 • Retained earnings................ .............................. 720,000 . Lyca Company uses the cost method of accounting for treasury shares. The following transactions occurred in 2021: - Acquired 8,000 ordinary shares for P144,000. - Sold 6,500 treasury shares at P20 per share - Retired the remaining treasury shares a. P117,000 b. P168,000 c. P181,000 d. P193,000
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How much is the ordinary share capital as of December 31,2019? How much is the total shareholder's equity at December 31,2019? How much is the balance of the treasury shares as of December 31,2019? How much is the total contributed capital as of December 31,2019? What is the total amount of dividends charged to the retained earnings for the year 2019?
The share price for A LTD at 1st July 2019 was $4.40 and at the 31st June 2020 was $5.17. you have collected the following per share dividend data for 2019 and 2020 $0.03, paid 31st March 2019 $0.04, paid 31st September 2019 $0.05, paid 31st March 2020 $0.06 to be paid 31st September 2020 determine the return on A LTD share for the year ending 30 December 2020
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