preference dividends have been fully paid. If preference shares have total liquidation value of P3,200,000, how much is the book value per ordinary share
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ABC Co. ‘s shareholders’ equity on December 31,2020 are as follows: 7%
- 80
- 00
- P130
- P300
- answer not given
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- ABC Co. ‘s shareholders’ equity on December 31,2020 are as follows: 7% preference shares P100 par P3,000,000; Ordinary share capital, 50,000 shares P1,500,000; Donated capital P500,000; Accumulated profits P4,500,000. All preference dividends have been fully paid. If preference shares have total liquidation value of P3,200,000, how much is the book value per ordinary share? a.) P125.80 b.) P126.00 c.) P130 d.) P300ABC Co. ‘s shareholders’ equity on December 31,2020 are as follows: 7% preference shares P100 par P3,000,000; Ordinary share capital, 50,000 shares P1,500,000; Donated capital P500,000; Accumulated profits P4,500,000. All preference dividends have been fully paid. If preference shares have total liquidation value of P3,200,000, how much is the book value per ordinary share? * P125.80 P126.00 P130 P300 answer not givenABC Co. ‘s shareholders’ equity on December 31,2020 are as follows: 7%preference shares P100 par P3,000,000; Ordinary share capital, 50,000shares P1,500,000; Donated capital P500,000; Accumulated profitsP4,500,000. All preference dividends have been fully paid. If preferenceshares have total liquidation value of P3,200,000, how much is the bookvalue per ordinary share? A. P125.80B. P126.00C. P130D. P300E. answer not given
- Sabo Company reported the following shareholders’ equity at year end:6% noncumulative preference share share capital, P100 par,Liquidation value of P105 per share 1,000,000Ordinary share capital, P100 par 3,000,000Retained earnings 950,000Preference dividends have been paid up to December 31, 2020. What is the book value per ordinary share?Cabuslay Company showed the following shareholders’ equity on December 31, 2021: Ordinary share capital, P100 par 2,000,000 Preference share capital, 8% P50 par, cumulative and participating 2,500,000 Preference share capital, 10% P50 par, noncumulative and participating 1,500,000 Retained earnings 270,000 Dividends are in arrears for two years, and preference share has preference as to assets.Compute the Book value per ordinary shareThe shareholder’s equity of MI Company on December 31, 2020 has the following balances:· Preference Share Capital, 10% cumulative, P100 par, 50,000 issued shares: P5,000,000· Ordinary Share Capital, P100 par, 200,000 issued shares: 20,000,000· Subscribed Ordinary Shares, net of subscription receivable of P4,000,000 (100,000 subscribed shares): 6,000,000· Treasury Ordinary Shares, at cost (50,000 shares): 4,000,000· Share Premium: 10,000,000· Retained Earnings: 8,000,000Preference dividends have not been paid for three years and have a liquidation value of P110. The book value per ordinary share is: a. 168 b. 152 c. 166 d. 210
- The Shareholders’ Equity section of Green Corporation at December 31, 2019 showed the following: 8% cumulative Preference share capital, P 100 par, liquidating value P110 - P2,000,000; Ordinary Share Capital, P50 par - P2,500,000; Additional Paid In Capital - P 500,000; Retained Earnings - P 1,000,000. During the year, the company earned profit of P 500,000. Compute the book value per share for the Preference share assuming dividends are in arrears for 3 years including the current yearUsing data, Compute the book value per share for the Ordinary Share Capital1. As of Dec. 31, 2020, DM Corporation has 10% Preference shares (cumulative and participating) with outstanding shares of 6,000, P100 par; Ordinary shares of10,000 with P40 par value and retained earnings of P800,000. Dividends were in arrears since 2018. Dividends declared for 2020 amounted to P400,000. How much is the dividends per share on Preference share at the end of 2020? a. P48 b. P66.67 c. P11.20 d. P252. On December 1, 2019, Bobcat Corporation received a donation of 2,000 shares with P 50 par value from a shareholder. On that date, the share market value was P 350. The shares were originally issued for P 250 per share. By what amount would this donation cause shareholder’s equity to decrease? a. P700,000 b. P500,000 c. P200,000 d. P03. Miami Heat Inc. began operations in January2017, and reported the following results for each of its three years of operations. 2017 net loss-P 300,000;2018 net loss-P 30,000; 2019 Profit-P 3,950,000 At December 31, 2019, the…3. Mack Company reported the following outstanding share capital on December 31, 2020: - 30,000 preference shares, 5% cumulative, par value P10, fully participating as to dividends. No dividends were in arrears. - 200,000 ordinary shares, par value P1. On December 31, 2019, the entity declared dividends of P100,000. How much is the dividends per share for he Preference Shares? a. P2.00 b. P0.50 c. P1.50 d. P0.20
- CCC Company reported the following shareholders’ equity on December 31, 2020: Preference share capital, 12% P50 par 2,000,000 Ordinary share capital, P100 par 4,000,000 Retained earnings (deficit) (900,000) No dividends have been paid on the preference share since 2018. Questions: 1. Assuming that the preference share has preference as to dividends, compute for the book value per ordinary share. 2. Assuming that the preference share has preference as to dividends, compute for the book value per preference share.The Shareholders’ Equity section of Green Corporation at December 31, 2019 showed the following: 8% cumulative Preference share capital, P 100 par, liquidating value P110 - P2,000,000; Ordinary Share Capital, P50 par - P2,500,000; Additional Paid In Capital - P 500,000; Retained Earnings - P 1,000,000. During the year, the company earned profit of P 500,000. a. Compute the book value per share for the Preference share assuming dividends are in arrears for 3 years including the current year. b. Compute the book value per share for the Ordinary Share Capital.At December 31, 2020 and 2019, Atsumu Corporation had 100,000 Ordinary shares and 10,000 cumulative 5% Preference Shares, P100 par value. No dividends were declared on either the preference or ordinary shares in 2020 and 2019. Net income for 2020 was P 900,000. How much is the basic earnings per share?