Bulldogs Inc., a corporation that can only legally issue ordinary shares with par value, recently completed a 2-for-1 stock split on a stock that recently pays P15 dividend per share. The total legal capital of Bulldogs Inc. is P31,000,000 and it has a total number of outstanding shares at 980,000. What is the new par value of each shares? * O 15.00 O 7.50 O 31.63 O 15.82
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- Bulldogs Inc., a corporation that can only legally issue ordinary shares with par value, recently completed a 2-for-1 stock split on a stock that recently pays P15 dividend per share. The total legal capital of Bulldogs Inc. is P31,000,000 and it has a total number of outstanding shares at 980,000. What is the new par value of each shares? A. 15.82 B. 15.00 C. 31.63 D. 7.50Bulldogs Inc., a corporation that can only legally issue ordinary shares with par value, recently completed a 2-for-1 stock split on a stock that recently pays P15 dividend per share. The total legal capital of Bulldogs Inc. is P31,000,000 and it has a total number of outstanding shares at 980,000. What is the new par value of each shares? 15.82 7.50 15.00 31.63Bulldogs Inc., a corporation that can only legally issue ordinary shares with par value, recently completed a 2-for-1 stock split on a stock that recently pays P15 dividend per share. The total legal capital of Bulldogs Inc. is P31,000,000 and it has a total number of outstanding shares at 980,000. What is the new par value of each shares? 15.00 7.50 15.82 31.63 Bulldogs Inc. has forecasted that its net income will be P400,000. The company has debt ratio of 30%. The dividend policy of the firm follows the residual dividend model. Bulldogs Inc. has an investment project amounting to P500,000. The number of issued and outstanding shares is 4,000. What is the dividends per share of Bulldogs Inc.?
- National Inc., a corporation that can only legally issue ordinary shares with par value, recently completed a 2-for-1 stock split on a stock that recently pays P15 dividend per share. The total legal capital of National Inc. is P31,000,000 and it has a total number of outstanding shares at 980,000. What is the new par value of each shares? a. 15.00 b. 7.50 c. 15.82 d. 31.63Inc., a corporation that issues ordinary shares with par value, completed a 2-for-1 stock split on a stock that pays P12 per share dividend. The total legal capital of Inc. is P420,000,000 and total number of outstanding shares of 2,400,000. What is the new par value of each shares?Lord Aguilar Corp. plans to declare and distribute a dividend in December 2018. There are 20,000 shares of 7% preference shares, par value P50, and 400,000 outstanding ordinary shares, P1 par value. No dividend was paid in the previous year. 1. What is the total amount of dividends to be paid to ordinary shareholders if preference shares are cumulative and nonparticipating and the dividend declared is P100,000? 2. What is the total amount of dividends to be paid to preference shareholders if it is cumulative and nonparticipating and the dividend declared is P100,000? 3. What is the total amount of dividends to be paid to ordinary shareholders if preference shares are cumulative and nonparticipating and the dividend declared is P168,000?
- NEKO Inc., a corporation that issues ordinary shares with par value, completed a 2-for-1 stock split on a stock that pays P12 per share dividend. The total legal capital of NEKO Inc. is P420,000,000 and total number of outstanding shares of 2,400,000. What is the new par value of each shares?Please answer this problem and provide complete solution in good accounting form. Thank you! Victory Company issued 8,000 ordinary shares with P200 par value and 20,000 preference shares with P200 par value for a total consideration of P7,500,000. At the date of issue, the ordinary share was selling for P360 and the preference share was selling for P270. What is the share premium from the issuance of ordinary shares?Integrity Company, a newly formed company, had the following shares issued and outstanding as of April 1, 2022: Ordinary share, P20 par (20,000 shares originally issued for P60 per share) Preference share, P50 par (6,000 shares originally issued for P100 per share) How much is the Ordinary Share Capital, Preference Share Capital, and Share Premium, respectively? a. P400,000; P300,000; and P1,100,000 b. P1,200,000; P300,000; and P300,000 c. P400,000; P600,000; and P800,000 d. P1,200,000; P600,000; and P0
- This problem has 2 questions. AAA Company had the following transactions in the ordinary shares of BBB Company: January 5 Bought 4,000 ordinary shares, P100 par, at P88. June 15 Received 10% bonus issue. August 31 Received P4 cash dividend for each ordinary share. October 10 Received stock rights to buy one new share at P100 for every 5 shares held. Market value of stock ex-right, P156. November 15 Sold all stock rights at P4 per right. What is the gain or loss on the sale of stock rights? a. 31,680 b. 0 c. (33,280) d. 17,600 Assuming AAA Company exercised its rights to buy new shares, what is the cost of the new investment? a. 124,800 b. 88,000 c. 186,560 d. 137,280 Just the solving and the answer. Thank you4. Raymond Corporation has 7,500 ordinary shares in its treasury with par value of P100 and cost of P120. The shares were originally issued for P110 per share. The account "Share premium - Treasury" had a balance of P30,000. At the end of 2020, Raymond decided to retire its treasury shares. Which of the following is incorrect? A. Ordinary shares and Share Premium -ordinary will be debited by P750,000 and P75,000, respectively, as a result of the retirement of treasury shares. B. Retained earnings will be debited by P45,000 when the treasury shares are retired. C. Treasury shares account will be credited by P750,000 upon retirement. D. Share premium - Treasury will have no balance at the end of the year after the retirement had been recorded.National Company has 100,000 shares outstanding and just declared a 2-for-1 stock split. Before the announcement, the firm's shares were trading at P60.00 per share. After the stock dividend, the firm's shares should trade at ________ per share. Format:11