Ulrich Corporation has the following shareholders' equity on December 31, 2021:Shareholders' equityShare capital$10 convertible preferred shares,10.000 shares authorized, 5,000 shares issuedCommon shares,200.000 shares authorized, 90.000 shares issuedTotal share capitalRetained earningsTotal shareholders' equityThe average per common share amount is$5.70$9.$570,0001800 0002,370,000450.000$2.820.000$20.$11.40.

The average per common share amount is computed by dividing the sum of common shares and additional…

Ulrích Corporation has the following shareholders' equity on December 31, 2021: Shareholders' equity Share capital $10 convertible preferred shares, 10.000 shares authorized, 5.000 shares issued Common shares, $570.000 200,000 shares authorized, 90.000 shares issued Total share capital Retained earnings Total shareholders' equity The average per common share amount is $5.70 1800.000 2,370.000 450 000 $2 820 000 $9. $20. $11.40.

Ulrích Corporation has the following shareholders' equity on December 31, 2021: Shareholders' equity Share capital $10 convertible preferred shares, 10.000 shares authorized, 5.000 shares issued Common shares, $570.000 200,000 shares authorized, 90.000 shares issued Total share capital Retained earnings Total shareholders' equity The average per common share amount is $5.70 1800.000 2,370.000 450 000 $2 820 000 $9. $20. $11.40.

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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note:Total Stockholders' Equity of P200,000 should be Treasury Shares
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