PROBLEM 7-1The following information has been taken from the ledger accounts of Yogi Corporation:Total net income since incorporationTotal cash dividends paidCarrying value of the company investment isYogi company declared as property dividendProceeds from sale of donated sharesTotal value of stocks dividends distributedGain on treasury share transactionsUnamortized premium on bonds payableAppropriated for contingenciesThe current balance of unappropriated retained earnings is:a.b.C.d.P2,030,000P3,200,000P1,330,000P1,930,000P3,200,000150,000600,000150,500420,000375,000413,200700,000

The percentage of a company's retained profits that has not been designated for a particular use by…

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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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Determine the book value of equity per share ($) before share dilution for CSR in 2021 based on RAW financials. (Round the numerical answer to 4 decimal places)
Indicate how each event affects the elements of the financial statements. Use the letter "T' to indicate increase, the letter "D" to indicate decrease, and the letters "NA" to indicate no effect on net income In the cash flow column, use the letter "I" to indicate cash inflow, the letter "D" to indicate cash outflow and the letters "NA" to indicate no effect on cash flows.
calculate the ratio (expressed to two decimal places) that would reflect each of the following: The amount of funds available relative to sales, to pay the company’s expenses other than its cost of sales (expressed as a percentage) The company's net income as a percentage of the company's net sales.The ability of the company to generate profits from its shareholders investments in the company.A measure of the dividend pay-out per share of the company's ordinary shares. The capacity of the company to pay off its current commitments using just its most liquid assets.The degree to which the company’s assets are financed by debt. A measure of how easily the company can pay the interest on its outstanding debt.
Subject: acounting
The following information has been taken from the ledger accounts of Compassion Company: Total net income since incorporation 3,500,000 Total cash dividends paid 350,000 Fair value of company's investment in Kindness company declared as property as property dividends 600,000 Proceeds from sale of donates shares 150,500 Total value of stock dividends distributed 420,000 Gains on treasury share transactions 375,000 Unamortized premium on bonds payable 413,200 Appropriated for contingencies 700,000 What is the current balance of unappropriated retained earnings?
Retained earnings is always equal to the amount of cash that the corporation has generated from operations. a part of the paid-in capital of the corporation. a part of the stockholders' claim on the total assets of the corporation. closed at the end of each accounting period.
A corporation is studying the possibility of acquiring Entity E whose statement of financial position had the following balances at the date of valuation: Current assets 450,000 Investments 150,000 PPE-net 1,200,000 Accounts payable 130,000 Accrued liabilities 110,000 Bonds payable 300,000 Share capital 150,000 Share premium 510,000 Retained earnings 600,000 According to an appraisal report requested by the company, the investments had a fair value of P450,000 and the inventory was understated by P240,000. All other assets and equities are properly stated. An examination of Entity E's income for the last 4 years indicates that the net income has steadily increased by 20%. Entity E had a net operating income of P300,000 in the year of valuation. The valuation expert believes that a normal rate of return for a business of this type is 16%. Assets are expected to stay the same for the next 4 years. Determine the estimated value of Entity E assuming goodwill is computed through…
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The following accounts and corresponding balances were drawn from Dexter Company's Year 2 and Year 1 year-end balance sheets. Account Title Bonds payable Year 1 $300,500 282,300 Year 2 $213,200 373,300 Common stock Other information drawn from the accounting records: 1. Dividends paid during the period amounted to $44,800. 2. There were no bond liabilities issued during the period. Required a. Compute the amount of cash flow associated with the repayment of bond liabilities. b. Compute the amount of cash flow associated with the issue of common stock. c. Prepare the financing activities section of the statement of cash flows. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the amount of cash flow associated with the repayment of bond liabilities. Cash flow for the repayment of bond liabilities
Rey
How many shares of common stock are outstanding at year-end(Refer to the Balance Sheet). (one sentence answer)
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