Exercise 2:If you know the following accounting information related to Rajhi Bank (Figures arein SR'000):1. Beginning balance of:a. Common stock, par value SR100; 50,000 shares are authorized, issuedpaid.b. Statutory reserve, SR3,000.c. General reserve, SRS,000.d. Retained earnings, SR11,000.2. Net income, SR180,000.3. Transfer from R/E to statutory reserve, SRI,500.to general reserve, SR2,000.4. Zakat, SR800.Required:1. Prepare the statement of shareholders equity changes.2. If the board of directors decides to split the outstanding SR100 par value commonstock and issues 5 shares of SR20 par value common stock for each old sharepreviously outstanding, then prepare the statement of shareholders' equity changesand explain the difference between the two statement.

1. When 50,000 shares are authorized at SR100 each Amounts (in SR 000's) Particulars Common Stock…

Answered: fyou know n SR'000): Beginnie

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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* 0O T # 3 la Uni X L Grades for Cristian Catala: 22s X WP Ch7quiz with TF5 WP NWP Assessment Player UI Ap X + tion.wiley.com/was/ui/v2/assessment-player/index.html?launchld%3Dafd8fa6a-bc9b-4f11-82e4-3c0d1d4a7063#/question/8 TF5 Question 9 of 10 -/1 Cullumber Consulting Company is headquartered in Atlanta and has branch offices in Nashville and Birmingham. Cullumber uses an activity-based costing system. The Atlanta office has its costs for Administration and Legal allocated to the two branch offices. Cullumber has provided the following information: Activity Cost Pool Cost Driver Costs Administration % of time devoted to branch $703000 Legal Hours spent on legal research $141000 Hours % of time spend devoted to branch on legal research Nashville 000 Birmingham How much of Atlanta's cost will be allocated to Nashville? (round to nearest dollar) O $632900 O $670862 O $672962 O $675200 Save for Later Attemnts: 0 of 1 used MacBook Pro G Search or type URL 000 +, 000 %23 %24 7. 8. 4. 9-…
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Blackboard Learn Bb 2193555 + i learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5f7ce11c673e5/2193555?X-Blackboard-Expiration=1648004400000&X-Blackboard-Signature=9lhjClppXf7wSeUqx.. E * O w WordCounter - Cou... y! Yahoo A Regions Bank | Che.. Welcome, Justin – B. * eBooks, Textbooks... O Jefferson State Co... Electronics, Cars, Fa. C Home | Chegg.com 2193555 1 / 1 100% + | PR 14-4B Entries for bonds payable and installment note transactions The following transactions were completed by Montague Inc., whose fiscal year is the calendar year: оВJ. 3, 4 V 3. $61,644,484 Year 1 Еxcel July 1. Issued $55,000,000 of 10-year, 9% callable bonds dated July 1, Year 1, at a market (effective) rate of 7%, receiving cash of $62,817,040. Interest is payable semiannually on December 31 and June 30. General Ledger Oct. 1. Borrowed $450,000 by issuing a six-year, 8% installment note to Intexicon Bank. The note requires annual payments of $97,342, with the first payment occurring on…
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mation |x A Assignmenta: Corp Fin Reprtn x Question 2 Graded Assignme x HExam1-ep6778a@student.am x ezto.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252FIms.mheducation.com%252F... M (no subject) - ellse.patipewe@ x signment #4 (Leases) i Saved Help es At the beginning of 2021, VHF Industries acquired a machine with a fair value of $9,415,785 by signing a four-year lease. The lease is payable in four annual payments of $3.1 million at the end of each year. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. What is the effective rate of interest implicit in the agreement? 2-4. Prepare the lessee's journal entries at the beginning of the lease, the first lease payment at December 31, 2021 and the second lease payment at December 31, 2022. 5. Suppose the fair value of the machine and the lessor's implicit rate were unknown at the time of the lease, but that…
Calculate: D where D=5.96, and r=0.029
1. EX. 14.01.ALGO 2. EX.14.02 3. EX.14.03 4. EX.14.04 5. EX.14.05.BLANKSHEET.AL... 6. EX.14.06.BLANKSHEET.AL... 7. EX.14.07.BLANKSHEET.AL... 8. EX.14.08.BLANKSHEET.AL... 9. EX.14.09.BLANKSHEET.AL... 10. EX.14.11.BLANKSHEET.A... 11. EX.14.14.ALGO 12. PR.14.04.BLANKSHEET.A... 13. PR.14.02.BLANKSHEET.A... C Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $1,000,000 Preferred $2 stock, $20 par 1,000,000 Common stock, $25 par 1,000,000 Income tax is estimated at 40% of income. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $470,000, (b) $570,000, and (c) $670,000. Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per share on common stock $ b. Earnings per share on common stock $ c. Earnings per share on common stock $ JAN 20 A I 0.28 1.3 W X P
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How to solve:S= 1/1.06[1-1/(1.06)^20]/1-1/1.06
PLEASE, WRITE THE SOLUTIONS ON PAPER, EXPLAINING THE ENTIRE PROCESS, THE ONLY AND CORRECT ANSWERS ARE FOR (i) V(t) = exp (-2e^0.02t + 2 ) for 0 15 (i) Derive, and simplify as far as possible, expressions in terms of t for V(t), where V(t) is the present value of a unit sum of cash flow made at time t. You should derive separate expressions for the three sub-intervals. (ii) Hence, making use of the result in part (i), calculate the value at time t = 3 of a payment of £2,500 made at time t = 15. (iii) Calculate, to the nearest 0.01%, the constant nominal annual rate of interest convertible half-yearly implied by the transaction in part (ii). (iv) Making use of the result in part (i), calculate the present value of a payment stream p(t) paid continuously from time t = 15 to t = 20 at a rate of payment at time t given by: p(t) = 300e 0.02t
solve it using this method: S2 = (((1+S1)*(1+F2))1/2 )– 1 S3 = ((1+S1)*(1+F3)) 1/3 - 1 P = 50/(1+S1)+50 / (1+S2) 2 + 1050 / (1+S3) 3 and find the value of p

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