PPP Company provided the following shareholders’ equity on December 31, 2020: Preference share capital, 12% P100 par 1,000,000 Ordinary share capital, P100 par 4,000,000 Share premium 2,000,000 Retained earnings 1,000,000 Dividends
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PPP Company provided the following shareholders’ equity on December 31, 2020:
1,000,000 | |
Ordinary share capital, P100 par | 4,000,000 |
Share premium | 2,000,000 |
1,000,000 |
Dividends have been paid on the preference share up to December 31, 2018.
Questions:
1. Assuming that the preference share is noncumulative and nonparticipating, compute for the book value per ordinary share.
2. Assuming that the preference share is noncumulative and nonparticipating, compute for the book value per preference share.
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- LABAN Company provided the following shareholders’ equity on December 31, 2020:Preference share capital, 12% P100 par1,000,000Ordinary share capital, P1004,000,000Share premium2,000,000Retained Earnings1,000,000Dividends have been paid on the preference share up to December 31, 2017.Required:Compute the book value per ordinary share and per preference share under each of thefollowing conditions with respect to preference share:a) Cumulative and fully participatingb) Cumulative and fully participating after ordinary share receives 15%c) Cumulative and participating up to 16%d) Cumulative and non-participatinge) Noncumulative and non-participatingLABAN Company provided the following shareholders’ equity on December 31, 2020:Preference share capital, 12% P100 par1,000,000Ordinary share capital, P1004,000,000Share premium2,000,000Retained Earnings1,000,000Dividends have been paid on the preference share up to December 31, 2017.Required:Compute the book value per ordinary share and per preference share under each of thefollowing conditions with respect to preference share:d) Cumulative and non-participatinge) Noncumulative and non-participatingPPP Company provided the following shareholders’ equity on December 31, 2020: Preference share capital, 12% P100 par 1,000,000 Ordinary share capital, P100 par 4,000,000 Share premium 2,000,000 Retained earnings 1,000,000 Dividends have been paid on the preference share up to December 31, 2018. Questions: 1. Assuming that the preference share is cumulative and nonparticipating, compute for the book valueper ordinary share. 2. Assuming that the preference share is cumulative and nonparticipating, compute for the book value per preference share.
- PPP Company provided the following shareholders’ equity on December 31, 2020: Preference share capital, 12% P100 par 1,000,000 Ordinary share capital, P100 par 4,000,000 Share premium 2,000,000 Retained earnings 1,000,000 Dividends have been paid on the preference share up to December 31, 2018. Questions: 1. Assuming that the preference share is cumulative and fully participating, compute for the book value per ordinary share. 2. Assuming that the preference share is cumulative and fully participating, compute for the book value per preference share.Endless Company provided the following shareholders Problem 18-2 (ACP) equity on December 31, 2021: Preference share capital, l12% P100 par Ordinary share capital, P100 Share premium Retained earnings 1,000,000 4,000,000 2,000,000 1,000,000 Dividends have been paid on the preference share un in December 31, 2019. Required: Compute the book value per ordinary share and pen preference share under each of the following conditions with respect to preference share: a. Cumulative and fully participating b. Cumulative and fully participating after ordinary share receives 15%: c. Cumulative and participating up to l16% d. Cumulative and nonparticipating e. Noncumulative and nonparticipatingPPP Company provided the following shareholders’ equity on December 31, 2020: Preference share capital, 12% P100 par 1,000,000 Ordinary share capital, P100 par 4,000,000 Share premium 2,000,000 Retained earnings 1,000,000 Dividends have been paid on the preference share up to December 31, 2018. Questions: 1. Assuming that the preference share is cumulative and participating up to 16%, compute for the book value per ordinary share. 2. Assuming that the preference share is cumulative and participating up to 16%, compute for the book value per preference share.
- Endless Company provided the following shareholder's equity on December 31, 2021: Preference share capital 12% P100 par 1,000,000 Ordinary share capital, P100 4,000,000 Share premium 2,000,000 Retained earnings 1,000,000 Dividends have been paid on the preference share up to December 31, 2019. Required: Compute the book value per ordinary share and per preference share under each of the following conditions with respect to preference share: a. Cumulative and fully participating b. Cumulative and fully participating after ordinary share receives 15% c. Cumulative and participating up to 16% d, Cumulative and nonparticipating e. Noncumulative and nonparticipatingD. 6. Using the data below, How many shares of preference share capital were issued during 2019? * The shareholders' equity of Bamboo Corporation at the end of 2019 and 2018 is as follows: Preference share capital, P 100 par Ordinary share capital, P 20 par Preference share premium Ordinary share premium Retained earnings 2019 P 1,000,000 2,000,000 16,000 4,350,000 2018 P 600,000 1,800,000 3,750,000 80,000 180,000 Your answer 7. Using data in no. 6, at what average price was the preference share capital issued during 2019? * Your answer 8. Using data in no. 6, assuming no other transactions affected the Retained Earnings except for the result of the corporation's operations, how much is the 2019 profit (net loss)? * Your answerprovided the following shareholders’ equity on December 31, 2021: Preference share capital, 10% P50 par (noncumulative and participating) 1,000,000 Preference share capital, 8% P50 par (cumulative and participating) 1,500,000 Ordinary share capital, P100 2,500,000 Share premium 500,000 Retained earnings 600,000 Dividends have been paid on the preference share up to December 31, 2018. compute the Book value ordinary share
- Compute for the adjusted balances of the following as of December 31, 2019:1. Ordinary shares2. Preference shares3. Share premium- Ordinary shares4. Share premium- Preference shares5. Share premium- Treasury shares6. Total additional paid-in capital7. Total contributed capital8. Total stockholders’ equityWith computationsThe shareholders' equity section of the Rivera Corporation at December 31, 2018 shows the following: 9. P 800,000 10% Preference Share Capital, P100 par Ordinary Share Capital, P100 par Retained Earnings 3,600,000 9,500,000 Required: Compute the book value per share of both the preference share and ordinary share, under each of the following independent assumptions: (a) Preference share is non-cumulative and non-participating. Preference share is cumulative and non-participating. Dividends have not been paid for the last three years including 2018. (b) Preference share is cumulative and participating up to 15%. No dividends were In arrears at the end of 2017. (c) Preference share is cumulative and fully participating. Dividends have not been paid for the last three years including 2018. (d)PPP Company provided the following shareholders’ equity on December 31, 2020: Preference share capital, 12% P100 par 1,000,000 Ordinary share capital, P100 par 4,000,000 Share premium 2,000,000 Retained earnings 1,000,000 Dividends have been paid on the preference share up to December 31, 2018. Questions: 1. Assuming that the preference share is cumulative and fully participating after ordinary share receives 15%, compute for the book value per ordinary share. 2. Assuming that the preference share is cumulative and fully participating after ordinary share receives 15%, compute for the book value per preference share.