Kristine‘s outstanding share capital at December 31, 2020 comprised the following: 45,000 shares of 10% cumulative preference share capital, 5% participating par value of P10 per share 300,000 shares of ordinary share capital, par value of P1 per share. On December 31, 2020, TLW Co. declared dividends of P150,000. What is the amount of dividends payable to the company’s ordinary shareholders? a. P52,500 b. P71,250 c. P82,500 d. P30,000

Q: An entity reported the following equity on December 31, 2023: Ordinary share capital, P25 par value,…

A: To determine the amount of ordinary share capital that should be reported on December 31, 2023, we…

Q: At December 31, 2019 and 2020, ABC Company had outstanding 40,000 shares of P100 par value 6%…

A: The dividend is declared to the shareholders from the retained earnings of the business. The…

Q: The J3 Corp has the following classes of share capital outstanding as of Dec 31, 2021. Ordinary…

A: The shareholders holding preferred class of stocks are called preference shareholders of the…

Q: The H2 Corp has the following classes of share capital outstanding as of Dec 31, 2021. Ordinary…

A: Preferred shares are paid dividend each year but often they are not paid each year but remaining…

Q: The directors of Levi Company wish to declare a dividend whereby ordinary sharcholders are to…

A: Dividend - The dividend is the profit distributed to the shareholders of the company. The company…

Q: n April 8, 2019, GODLY Corporation declared and issued a 25% ordinary share capital dividend. Prior…

A: The amount to be debited to retained earnings will be equal to the total par value of shares issued…

Q: 1. On December 31, 2021 and 2020, Go Company had 100,000 ordinary shares and 10,000 cumulative…

A: Dividend means the amount given to shareholder of the company as profit distribution by  company.…

Q: Andromeda Corp. reported the following shareholders’ equity on December 31, 2023: 12% cumulative…

A: Solution:The book value per preference share :First we calculate cumulative dividend arrears…

Q: During 2021, CAPTAIN AMERICA Company had two classes of shares issued and outstanding for the entire…

A: Basic Earnings Per share = Earnings Available for Ordinary Share holders/Number of Ordinary Shares…

Q: At December 31,2018 and 2019, TJH Company had outstanding 4,000 shares of P 100 par value, 12%…

A: Preference shares are the investment securities which get fixed return in the form of dividends and…

Q: he Net Profit of ABC company for the year 2019 was OMR 11,400. The company issued 40,000 6%…

A: Introduction:- Company must pay dividends to the preference shareholders then company distribute…

Q: On December 31, 2021, EOS Co.'s shareholders' equity consisted of the following: 8%, cumulative…

A: Preference Share: - A share that entities the holder to a fixed dividend, whose payment takes…

Q: Using the information of Good Life Company, what is the amount of Total Shareholders' Equity on…

A: Shareholders’ equity: Shareholders’ equity can be defined as the amount of capital that is invested…

Q: As of Dec. 31, 2020, DM Corporation has 10% Preference shares (cumulative and participating) with…

A: Dividend means the amount given to shareholder of the company as profit distribution by company.…

Q: Ellie Company provided the following shareholders' equity on December 31, 2020: Preference share…

A: The determination of total amount of Dividends to be declared for the Preference and Ordinary…

Q: The accounts below appear in the December 31, 2019 balance of J Company: Authorized ordinary share…

A: Shareholders’ equity is the total amount of money that is invested by the owners of a company.

Q: The shareholders' equity section of the 30 June 2020 balance sheet for Charbel Constructions is as…

A: Outstanding shares refer to the number of shares issued and subscribed by the shareholders of a…

Q: PPP Company provided the following shareholders’ equity on December 31, 2020: Preference share…

A: Non-participating preferred stock is preferred stock that specifically limits the amount of…

Q: Hoseok Corporation has the following data on stock issued and outstanding at December 31, 2020: >10%…

A: Annual Dividend to Preferred shareholders = Preference Share Capital x rate of dividend = P400,000 x…

Q: K. The shareholder's equity section of Angel Inc. showed the following data on December 31, 2018:…

A: Answer:-  Legal capital meaning:- Legal capital is that portion of a firm's stock that can not be…

Q: P5,000,000 Unissued ordinary share capital                                 2,000,000 Subscribed…

A: Shareholders’ equity is the total amount of money that is invested by the owners of a company.

Q: On January 5, 2020, Swat Company declared a 15% share dividend. The market price of the entity’s…

A: Share dividend is a method of capitalizing the retained earning. Under this, no profit is…

Q: The shareholders' equity of Gregorio Company included P4,000,000 of P10 par ordinary share capital…

A: A dividend is considered as a part of the distributable profit distributed by the company to its…

Q: The H2 Corp has the following classes of share capital outstanding as of Dec 31, 2021. Ordinary…

A: Ordinary Shares: 20,000 Shares  Par Value of Ordinary Shares: P20 Preference Shares: 2,000 shares…

Q: The shareholder's equity of Bims Company at December 31, 2018 is presented as follows: 12%…

A: Shareholders Equity Shareholders equity which includes share capital like ordinary shares and…

Q: the shareholders' equity of Gregorio Company included P4,000,000 of P10 par ordinary share capital…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: The H2 Corp has the following classes of share capital outstanding as of Dec 31, 2021. Ordinary…

A: *Preference shares are of nine types, one of them is Cumulative and participating preference shares.…

Q: PPP Company provided the following shareholders’ equity on December 31, 2020: Preference share…

A: Participating preference shareholders may have voting rights or authority over certain decisions…

Q: The capital accounts of SEB Company as of yearend 2021 are as follows: Ordinary Share Capital (P10…

A: Total market value of Ordinary Share Capital  = Ordinary Share Capital  + Share Premium = 500,000 +…

Q: Compute BROWN’s earnings per share based on the assumption that the preference share is cumulative.

A: Earnings per share is calculated with the help help following formula  Earnings Per Share = Earnings…

Q: ABC Co. ‘s shareholders’ equity on December 31,2020 are as follows: 7% preference shares P100 par…

A: Solution: Book value per share refers to the equity available to the common…

Q: Riley Company paid cash dividends of P840,000 and reported net income of P2,170,000. The ordinary…

A: Book value of ordinary share is the the total ordinary shareholders equity plus net income less cash…

Q: At December 31, 2019 and 2018, New Corporation had outstanding 4,000 shares of P 100 par 12%…

A: Cumulative preference shareholders are paid dividend including the arrears before the payment of…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.