purchased for P120 perProblem 16-14 (AICPAtrading. These 50,000 shares wererights to the investor.and two of these rights.Each share had a market value of P130 and each right hadmarket value of P20 on the date of issue.aWhat total cost should be'recorded for the new shares thatare acquired by exercising the rights?a. 2,250,000b. 3,250,000c. 3,050,000d. 5,500,000

Introduction:- Shares are a type of equity ownership unit in a company. Shares exist as a financial…

Answered: Problem 16-14 (AIC) Temporal Company…

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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Question 24 Firm A has 1,200 shares outstanding at a market price of $30 per share. Firm B has 4,000 shares outstanding at a market price of $35 per share. Neither firm has any debt. Firm B is acquiring Firm A. The incremental value of the acquisition is $2,200. What is the value of Firm A to Firm B? $24,082 $38, 200 $41, 024 $43,800 $52,600
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Problem 24-6 (Algo) XYZ's stock price and dividend history are as follows: Beginning of Year Price $ 110 Year 2020 2021 2022 2023 120 100 110 Dividend Paid at Year-End $4 An investor buys three shares of XYZ at the beginning of 2020, buys another two shares at the beginning of 2021, sells one share at the beginning of 2022, and sells all four remaining shares at the beginning of 2023. Required: a. What are the arithmetic and geometric average time weighted rates of return for the investor? Note: Round your year-by-year rates of return and final answers to 2 decimal places. Do not round other calculations. b. What is the dollar-weighted rate of return? (Hint Carefully prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2020, to January 1, 2023. If your calculator cannot calculate internal rate of return, you will have to use trial and error.) Note: Round your answer to 4 decimal places. Negative amount should be indicated by a minus…
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Problem 8
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