Problem 3: (Book Value per share) The shareholders’ equity of HUE Corporation on December 31 of the current year is shown below. Dividends are in arrears for two years. 6% Preference Share Capital, ₱100 par, 10,000 authorized, issued 6,000 shares ₱ 600,000 Ordinary Share Capital No-par, ₱25 stated value, authorized 20,000 shares; issued 10,000 shares of which 1,000 shares are in the treasury 250,000 Share Premium – Ordinary, no-par 46,000 Share Premium – Preference 30,000 Accumulated Profits 132,000 Appropriated for Plant Expansion 35,000 Appropriated for Treasury Shares 30,000 Treasury Shares – ordinary no-par, 1,000 sh. at cost 30,000 Requirements: D. Compute for the ff: 9. Compute the excess over par 10. a. Compute for the book value per share – preference b. Compute for the book value per share - ordinary
Please answer the following. Thank you
Problem 3: (Book Value per share)
The shareholders’ equity of HUE Corporation on December 31 of the current year is shown below. Dividends
are in arrears for two years.
6%
Ordinary Share Capital No-par, ₱25 stated value, authorized 20,000 shares;
issued 10,000 shares of which 1,000 shares are in the treasury 250,000
Share Premium – Ordinary, no-par 46,000
Share Premium – Preference 30,000
Appropriated for Plant Expansion 35,000
Appropriated for Treasury Shares 30,000
Treasury Shares – ordinary no-par, 1,000 sh. at cost 30,000
Requirements:
D. Compute for the ff:
9. Compute the excess over par
10. a. Compute for the book value per share – preference
b. Compute for the book value per share - ordinary
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