On December 31, 2021, Scott Company received the following dividends: Investee Company Frost Company Investee's No. of shares Cost per share Percentage of ownership Type of dividends Cash Dividends per share 100,000 200 10% 20 Grey Company 200,000 250 15% Property 25 Blaire Company 250.000 280 12% Shares 30 Grey Company will distribute its shares to Summers Company. How much is the cost per share of Investment in Blaire Company on December 31, 2021

Q: BFAR Company has the following transactions: • Acquired 8,000 shares of its own outstanding shares…

A: Treasury stock: Shares that are bought back by the company from the open market but not retired from…

Q: JBL Company’s outstanding share capital at December 31, 2020 consisted of ·      45,000 shares of…

A: JBL Company's Outstanding share capital on 31.12.2020 consists of 1. 5% cumulative 45000 preference…

Q: Assume that the following data relative to Cullumber Company for 2021 is available: Net Income…

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Q: Calculate basic earnings per share and diluted earnings per share for the following information C…

A: Both basic and diluted earnings per share are employed to calculate a firm's profitability. The…

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A: EPS = (net income - preferred dividends)/no. of ordinary shares outstanding

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A: Retained earnings is the amount of earnings which is accumulated and collected over the period of…

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A: Weighted average no. of shares for 2021 = (Beginning no. of shares+ ending no. of shares) / 2 =…

Q: ​Commons, Inc. provides the following information for​ 2018:   Net income $ 38 comma…

A: Dividend Yield refers to the dividend per share divided by price per share. It shows total income…

Q: ABC Corporation provided you the following information on January 01, 2021: Share capital, P10 par…

A: The journal entries are prepared to keep the record of day to day transactions of the business. The…

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A: The dividend in arrears are paid to only cumulative preference shareholders. The book value per…

Q: ABC has the following share capital outstanding during 2021 and 2022: Preference shares, P100 par,…

A: Cumulative Preference shares are one of the type preference shares. These shares carry preference…

Q: GR Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…

A: Given that, 8% cumulative preference share of P100 par value outstanding = 2,000 shares Ordinary…

Q: GR Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…

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

Q: Carlyon Company listed the following items in its December 31, 2018, financial statements:…

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Q: Grey Company will distribute its shares to Summers Company How much is the cost per share of…

A: Dividends: This is the amount of cash distributed to stockholders by a company out its earnings,…

Q: On December 31, 2021, Scott Company received the following dividends: Investee Company Investee's…

A: Dividend: Dividend is the return on stock investment earned by the shareholders of a firm.

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A: IAS 28 (International Accounting Standards)  Specifies about "Investments in associates and Joint…

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A: Solution Given   2020 2021 Share capital (P100 par value) 5,000,000 5,850,000…

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A: Earnings per share represents the net income allocated to each share of a company. It indicates how…

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A: Basic EPS is the earnings per share which only includes the effect of common shares while…

Q: HHH Company provided for the following shareholders’ equity on December 31, 2020: Share capital,…

A: Shareholders equity is one of the important section of the balance sheet. It means total amount…

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Q: Assume that, on January 1, 2021, Sacramento Corporation paid $1,622,400 for its investment in 62,400…

A:

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

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A: The shares outstanding do not include the treasury stock shares.

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A: Prepare journal entries to record the preceding transactions:

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A: The following information given: 1. 8% cumulative preference share capital, P50 par, liquidating…

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: HZ Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…

A: Dividend is distribution of cash or stock paid out to the shareholders out of stock. The working is…

Q: How much is the cost per share of Investment in Blaire Company on December 31, 2021?

A: The dividend income is recognized as income on the declaration by the board of the company and if…

Q: Spring Inc. reports the following information: Net income:  $750,000 Dividends on common shares:…

A: 7) Earning per share = (Net income - Preferred dividend)/Average number of common shares outstanding…

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Q: The following are the abstract of the shareholders' equity of Shake Shake Corporation as of December…

A:

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.