In 2020, analytics showed that the current assets increased by 25%, noncurrent assets increased by 20% and current liabilities by 10%. Half of the noncurrent liabilities were also paid. At the beginning of 2020 additional 50,000 shares were issued. How much is the book value as of December 31, 2019 How much is the book value per share in 2019 How much is the net working capital as of December 31, 2020? How much is the book value per share in 2020

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Hera Company reported the following balances at December 31, 2019
Current Assets
P1,500,000.00
Noncurrent Assets
2,800,000.00
Current Liabilities
800,000.00
Noncurrent Liabilities
1,000,000.00
Outstanding ordinary shares
1,000,000
In 2020, analytics showed that the current assets increased by 25%, noncurrent assets increased by 20% and current liabilities by
10%. Half of the noncurrent liabilities were also paid. At the beginning of 2020 additional 50,000 shares were issued.
How much is the book value as of December 31, 2019
How much is the book value per share in 2019
How much is the net working capital as of December 31, 2020?
How much is the book value per share in 2020
Transcribed Image Text:Hera Company reported the following balances at December 31, 2019 Current Assets P1,500,000.00 Noncurrent Assets 2,800,000.00 Current Liabilities 800,000.00 Noncurrent Liabilities 1,000,000.00 Outstanding ordinary shares 1,000,000 In 2020, analytics showed that the current assets increased by 25%, noncurrent assets increased by 20% and current liabilities by 10%. Half of the noncurrent liabilities were also paid. At the beginning of 2020 additional 50,000 shares were issued. How much is the book value as of December 31, 2019 How much is the book value per share in 2019 How much is the net working capital as of December 31, 2020? How much is the book value per share in 2020
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