Date Account Titles and Explanation Debit Credit Jan. 10 Cash 468,000 Common Stock 234,000 Paid-in Capital in Excess of Stated Value-Common Stock 234,000 Mar. 1 Cash 498,750 Preferred Stock 475,000
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- help meMatch each of the following terms with the correct definition: a. additional paid-in capitalb. issued and outstandingc. retained earningsd. treasury stocke. authorized share capitalf. par value Correct Definitions:A. The price at which each share is recorded in the company’s booksB. Held by investorsC. Cumulative amount of profits that have been plowed backD. The difference between the amount of cash raised by an equity issue and the par value of the issueE. The maximum number of shares that can be issued without shareholder approvalF. The amount that the company has spent buying back stock that it has not subsequently resold SELECTED FORMULAS PVIFA = PVIF = requity = rassets + (rassets – rdebt) PV of tax shield = = Tc *DWACC = (1-Tc) * *() + *()Ma4. A company prepares its financial statements according to IFRS its financial statements include ordinary share capital and share premium the company used US gaap what would be likely account titles for these accounts, respectively •Common stock, par value, additional paid-in capital, Share purchase •Common stock additional paid-in capital •Preferred stock additional paid-in capital preferred stock •Common stock, par value, additional paid-in capital stock options 2) what is the term for actuaria gains and losses and how are they accounted for in the IFRS •Actuarial gains and losses accounted for as an OCI item •Remeasurement gains and losses accounted for as an OCI item •Remeasurement gains and losses accounted for as a profit or loss •Actuarial gains and losses accounted for as a profit or loss
- Pqulred Informetion The following Information applies to the questions displayed below]. Raphael Corporation's balance sheet shows the foliowing stockholders equity section Proferred stock-54 cumlativo, $ par valge, 1.000 ahares asthorized, ITood and outstanding Coenon atock- Retained earninge Total atockholders eqpity 50,000 .00 par value, 4.000 whares aothorize4, Insced, ad ostatanding 2. if two years preferred dividends are in arrears at the current date and the board of directos declares cash divdends of StES0, compute the total amnount paid to (a preferred shareholders and (b) common shareholders Total amount paid to te referred sharoholders 4.000 Tatal amount paid to the common sharehoiders vivo Y20T Apr 28, 2022, 10:02TYPES OF EQUITY Please tell me what type of business the following accounts belong to. Also please provide a definition for each one. Thanks. Additional common stockPreferred stockAdditional preferred stockRetained earningsPaid in capital in excess of parAccumulated other comprehensive incomePremium of common stockPremium of preferred stockDonated capitalCommon stock option warrantIf stock is issued above par, what other equity account can be credited? Choices: common stock paid in capital cash retained earinings
- Summary information from the financial statements of two companies competing in the same industry follows. Barco Company Data from the current year-end balance sheets Кyan Company Barco Company Data from the current year's income statement Кyan Company Assets Cash Accounts receivable, net Merchandise inventory $770,000 $880, 200 585,100 7,900 14,800 162,200 4.51 Sales $ 19,500 $ 34,000 46,500 84,440 5,000 290,000 632,500 Cost Interest expense Income tax expense Net income goods sold 13,000 24,300 64,600 132,500 6,950 304,400 210,400 Prepaid expenses Plant assets, net Basic earnings per share 5.11 Total assets $445,440 $542,450 Cash dividends per share 3.81 3.93 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings $ 61,340 $ 93,300 101,000 206.000 Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value $ 29,800 $ 54,200 55,600 398,000 180,000 80,800 180,000…Compute for stockholders' equity using the following information: 5 points Bonds payable Additional paid in capital on common stock Donated capital Treasury stock at cost Common stock, par P1 Common stock option warrants Investments in marketable securities P120,000 20,000 16,000 8,000 200,000 40,000 28,000 6,000 54,000 Additional paid in capital from treasury stock Retained earningsOriole Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $120,000. a. Prepare the journal entry for the issuance when the market price of the common shares is $168 each and market price of the preferred is $210 each. b. Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $210 per share. (List all debit entries before credit entries. Do not round intermediate calculations. Round final answers to 0 decimal places, e.g. 1,225. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
- If common stock is issued at a price above par value, the transaction would be recorded as a. debit Common Stock, debit Additional Paid-In Capital, and credit Cash b. debit Cash, debit Common Stock, and credit Additional Paid-In Capital c. debit Additional Paid-In Capital, credit Common Stock, and credit Cash. d. debit Cash, credit Common Stock, and credit Additional Paid-In Capital1. The PowerPoint Corporation has two classes of share capital outstanding: 9% (dividend rate), P20 par, Preference and P70 par, Ordinary. During the fiscal year ending December 31, 2012, the company had the equity transactions in chronological order as reflected in the table below. Dividends were paid at the end of the fiscal year on the ordinary share at P1.20 per share and on the preference at the preference rate. Profit for the year was P850,000. No. of shares Price per share Issue of preference share 10,000 P28 Issue of ordinary share 35,000 70 Reacquisition and retirement of preference 2,000 30 Purchase of treasury ordinary share 5,000 80 Share split 2-for-1 Reissue of treasury ordinary share. 5,000 52 Balances of the accounts in the shareholders' equity section of the December 31, 2011 statement of financial position were: Preference Share Capital, 50,000 shares P1,000,000 Ordinary Share Capital, 100,000 shares 7,000,000 Share Premium - Preference 400,000 Share Premium-Ordinary…The company capital structure consists of debt 135000 at 6.05%, common stock 410000 at 10.09% and preferred stock 200000 at 11%, calculate company's weighted average cost of capital Select one: Oa. 8,59% O b.9.09% Oc. 9.59% O d. 7.59% Oe. None of the options