Please answer it in good accounting form. Thankyou Problem 3: (Book Value per share)The shareholders' equity of HUE Corporation on December 31 of the current year is shown below. Dividendsare in arrears for two years.P 600,0006% Preference Share Capital, P100 par, 10,000 authorized, issued 6,000 sharesOrdinary Share Capital No-par, P25 stated value, authorized 20,000 shares;issued 10,000 shares of which 1,000 shares are in the treasuryShare Premium – Ordinary, no-parShare Premium – Preference250,00046,00030,000132,00035,000Accumulated ProfitsAppropriated for Plant ExpansionAppropriated for Treasury SharesTreasury Shares – ordinary no-par, 1,000 sh. at cost30,00030,000Requirements:D. Compute for the book value per share for:7. Compute for the outstanding shares8. Compute the amount of the outstanding shares9. Compute the excess over par10. Compute for the book value per share

Stockholder's Equity - Stockholder's Equity includes the amount contributed by shareholders issued…

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, P100 par, 10,000 authorized, issued 6,000 shares P 600,000 Ordinary Share Capital No-par, P25 stated value, authorized 20,000 shares; issued 10,000 shares of which 1,000 shares are in the treasury Share Premium - Ordinary, no-par 250,000 46,000 Share Premium – Preference 30,000 132,000 35,000 30,000 30,000 Accumulated Profits Appropriated for Plant Expansion Appropriated for Treasury Shares Treasury Shares - ordinary no-par, 1,000 sh. at cost Requirements: D. Compute for the book value per share for: 7. Compute for the outstanding shares 8. Compute the amount of the outstanding shares 9. Compute the excess over par 10. Compute for the book value per share

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, P100 par, 10,000 authorized, issued 6,000 shares P 600,000 Ordinary Share Capital No-par, P25 stated value, authorized 20,000 shares; issued 10,000 shares of which 1,000 shares are in the treasury Share Premium - Ordinary, no-par 250,000 46,000 Share Premium – Preference 30,000 132,000 35,000 30,000 30,000 Accumulated Profits Appropriated for Plant Expansion Appropriated for Treasury Shares Treasury Shares - ordinary no-par, 1,000 sh. at cost Requirements: D. Compute for the book value per share for: 7. Compute for the outstanding shares 8. Compute the amount of the outstanding shares 9. Compute the excess over par 10. Compute for the book value per share

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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