d. Non-cumulative an 3. The shareholders' equity of BTY Corporation as of December 31, 2021 is shown below: Share Capital, P100 par, 5,000 shares issued and outstanding P500,000 30,000 200,000 Share Premium Retained Earnings Requirement: Compute the book value per share.
d. Non-cumulative an 3. The shareholders' equity of BTY Corporation as of December 31, 2021 is shown below: Share Capital, P100 par, 5,000 shares issued and outstanding P500,000 30,000 200,000 Share Premium Retained Earnings Requirement: Compute the book value per share.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Compute the book value per share assuming the preference share is:
three years including the
3. The shareholders' equity of BTY Corporation as of December 31, 2021 is
No dividends has been deck
current year 2021.
Requirements:
Compute the book value per share if preferred stock is:
a. Cumulative and fully participating
b. Cumulative and non-participating
c. Non-cumulative and non-participating
d. Non-cumulative and fully participating
Narm
Cou
shown below:
Share Capital, P100 par, 5,000 shares issued and outstanding P500,000
Share Premium
30,000
200,000
Retained Earnings
Requirement:
Compute the book value per share.
R.
4. DMR Corporation's shareholders' equity as of December 31, 2021 is shown
below:
2 TH
6% Preference share capital, P100 par, 2,500 shares issued P250,000
Treasury share, preference, 250 shares
Ordinary share capital, P100 par, 5,000 shares issued
Treasury share, ordinary, 500 shares
Retained earnings
The last declaration of dividends was December 31, 2018.
(25,000)
500,000
(50,000)
100,000
Requirements:
a. Non-cumulative and non-participating
b. Non-cumulative and fully participating
c. Cumulative and non-participating
d. Cumulative and fully participating
Transcribed Image Text:Less: Treasury share (at cost)
RTC Corporation has 16,000 outstanding shares of P50 par value, 10%
preference shares and 10,000 shares of P100 par value ordinary shares.
Dividends are declared as follows:
2019- P36,000
2020- 62,000
2021- 250,000
Requirement:
Prepare schedules showing the amount of dividends paid each year to each
class of shares assuming the preference share is:
a. Cumulative and fully participating
b. Cumulative and non-participating
C. Non-cumulative and fully participating
d. Non-cumulative and non-participating
The shareholders' equity section of the statement of financial position of
the PPK Corporation on December 31, 2021 is as follows:
1% Preference share capital, P100 par, 1,000 shares issued
and outstanding
Ordinary share capital, P100 par, 2,000 shares issued, of
Which 100 shares are in the treasury
Share premium
Retained earnings
Total
P100,000
200,000
50,000
80,000
430,000
10,000
353
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