How much is the book value per preference share assuming that preference shares are non-cumulative?

Q: 6. On January 1, Year 1, a company had the following transactions: Issued 10,000 shares of $2 par…

A: A dividend is the transfer of a portion of a company's earnings to a certain group of shareholders,…

Q: Texas Inc. has 6,000 shares of 6%, $125 par value cumulative preferred stock and 97,000 shares of $1…

A: Preferred dividend is paid on the preferred shares at a predetermined rate. Annual preferred…

Q: Data relating to the shareholders’ equity of ABC Co. during December 31 are as follows: 8%…

A: Given that, Ordinary share, 26000 shares = P1,040,000  Retained earnings = P7,000,000  Treasury…

Q: On January 1, ABC Company has 120,000 outstanding ordinary shares. During the year, ABC reported net…

A: Earning per share means net amount per equity share which is derived from the earnings of the entity…

Q: 43.At December 31, the Shareholders’ Equity section shows: Ordinary Share, P 5 par value, 1,320,000…

A: The book value per share is calculated as shareholders equity divided by outstanding ordinary…

Q: company issues 10,000 shares of $2 par value common stock at a market price of $30 per share, which…

A: Here company issued 10000 shares at market price of $30, par value of each share is $2

Q: The shareholders’ equity of Seven Corporation is presented below: 10% Preference Share, 2,000…

A: Ordinary share is one of the kinds of share. These are usually the entity's decision makers as these…

Q: Day Inc. has 6,541 shares of 5%, $100 par value cumulative preferred stock and 90,851 shares of $1…

A: Dividend on cumulative preferred stock is calculated as a percentage of its par value.

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

A: The company can raise its capital by issuing the share, or debts. The shareholders' of the company…

Q: P40 to be held as treasury e. Sold 3,000 treasury ordinary shares at P50 f. Share split up for…

A: To find the following as, Total outstanding share Total issues share Shareholder's equity

Q: Texas Inc. has 5,000 shares of 7%, $125 par value cumulative preferred stock and 83,000 shares of $1…

A: The dividend is distributed among the preferred shareholder first and then the remaining dividend is…

Q: Texas Inc. has 7,000 shares of 8%, $125 par value cumulative preferred stock and 84,000 shares of $1…

A: The preference shareholders receive the dividend before any other shareholders. Cumulative…

Q: At December 31, the Shareholders’ Equity section shows: Ordinary Share, P 5 par, value 1,320,000…

A: Shareholders’ equity can be defined as the amount invested by the owner in the company. It includes…

Q: The shareholders’ equity of Ceda Corporation is presented below: 10% Preference Share, 2,000 shares…

A: Issue price is the value of share at which the same has been issued by the entity.

Q: Summer company has the following data at year end: 8% cumulative preference shares capital, P100…

A: Preference share capital - or commonly known as preferred stock. It is also a part of the share…

Q: GRAPES Company provided the following data for the year: a. Sold 25,000 preference shares, 12%, P50…

A: Stock Split: Face value of the shares of companies is split in stock split and there is no…

Q: How much is the book value per ordinary share assuming that preference shares are cumulative and…

A: Book Value Per Ordinary Share :— It is the Ratio of Ordinary Shareholders Equity and Total Ordinary…

Q: Texas Inc. has 12,000 shares of 6%, $125 par value cumulative preferred stock and 92,000 shares of…

A: To meet the financial requirement of the business, companies raise the funds through external…

Q: Texas Inc. has 12,000 shares of 8%, $125 par value cumulative preferred stock and 90,000 shares of…

A: Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in…

Q: On January 1, ABC Company has 120,000 outstanding ordinary shares. During the year, ABC reported net…

A: When all the convertible securities are converted into equity shares it is known as diluted…

Q: earnings per share

A: Earnings per share = (Net income - Preferred dividends)/Average number of common shares outstanding

Q: A company has 31,000 shares of common stock outstanding. The stockholders' equity applicable to…

A: Book value per share= (Shareholder's equity- Preferred stock )/ Common stock shares

Q: An entity provided the following data for the current year: Net Income – P 4,000,000 Ordinary…

A: Calculating Diluted EPS  48000 stock options would increase the number of outstanding shares by…

Q: 25. Assume Stephens & Co. has 500,000 shares of common stock outstanding. Additionally, it has bonds…

A: Earnings per share is the profits of a company that is available per share of the common stock.…

Q: 25 An entity provided the following data for the current year: Net Income – P 4,000,000 Ordinary…

A: In the context of the given question, we are required to compute the basic earnings per share for…

Q: Texas Inc. has 6,629 shares of 8%, $100 par value cumulative preferred stock and 84,120 shares of $1…

A: The annual dividend is calculated on the basis of the total par value of the preferred stock and the…

Q: Select Corporation was incorporated on January 2. The following information pertains to Select…

A: Earnings per share means the amount of earnings per share earned by the common shareholders. It is…

Q: Texas Inc. has 10,000 shares of 6%, $125 par value cumulative preferred stock and 50,000 shares of…

A: Preference stock has held the hand of preference shareholders who are getting the preference while…

Q: 5. A company has $6,435,000 in common equity and 1,063,000 in outstanding shares. Shares sell at a…

A: Market value is the total value of shares based on their market price. Book value is the total value…

Q: The book value per share of common stock of Lawrence Company is $10.500 Shares of treasury stock are…

A: Retained earnings are the existing profits of a corporation less any dividends or other payments…

Q: Texas Inc. has 9,000 shares of 8%, $125 par value cumulative preferred stock and 87,000 shares of $1…

A: The preference shareholders have the right to receive dividend before any other shareholder. The…

Q: The equity balances of Memory Company as of the end of the reporting period are: Ordinary share…

A: The treasury shares are the common shares purchased by the company, which means the company…

Q: Equity: 120,000 shares at $1 each. Share premium: $22,000 The company decides to issue 1:3 shares.…

A: Share Premium- This is the amount which is over and excess of nominal value. If Say for example if…

Q: The owners' equity accounts for Vulcano International are shown here: $ 80,000 200,000 660,000 $…

A: Common stock = $80,000  Par value = $1  Current stock price = $47  Stock dividend = 8%    Therefore…

Q: A corporation declared a 40% share capital dividend on its 60,000 shares of P20 par ordinary shares…

A: Introduction: Current profits less any dividends or even other distributions to shareholders are a…

Q: The shareholders’ equity of Ceda Corporation is presented below: 10% Preference Share, 2,000 shares…

A: Total Preference Share Capital = Paid up Preference Share + Preference share premium =  P200,000 +…

Q: equired: repare the following: • Statement of profit and loss o Statement of changes in equity •…

A: Statement of Profit and loss The purpose of preparing the statement of profit and loss account which…

Q: low is information relating to the stockholders' equity of Perry Corporation as of December 31, Year…

A: Common stock means the amount raised against which the dividend is paid but after paying interest on…

Q: Texas Inc. has 4,724 shares of 8%, $100 par value cumulative preferred stock and 83,877 shares of $1…

A: Dividends = Preferred Shares, Par Value x Dividend Rate

Q: An entity provided the following data for the current year: Net Income – P 4,000,000 Ordinary…

A: Basic EPS = net income/ No. of Shares Outstanding = 4000000/250000 = P 16

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.