DEF Corporation currently have Ordinary Share Capital, P 20 par, 50,000 shares and replace it by issuing no-par share capital with a stated value of P 20. DEF also have balance of Ordinary Share Premium of P 250,000 and Retained Earnings of P 500,000. How much is the balance of the Ordinary Share Capital after the replacement?
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- You are given the following information: ordinary shares, P80,000 (P80par); Share Premium-Ordinary, 200,000; and Retained Earnings, P400,000.Assuming only one class of share, the book value per share is? a.P280 b. P680 c. P80 d. P400DEF Corporation currently have Ordinary Share Capital, P 20 par, 50,000 shares and replace it by issuing no-par share capital with a stated value of P 20. DEF also have balance of Ordinary Share Premium of P 250,000 and Retained Earnings of P 500,000. How much is the Total Shareholder's Equity after the replacement? A. 500,000.00 B. 1,750,000.00 C. 1,250,000.00 D. 1,000,000.00BFAR Corporation has the following information in its shareholders' equity: Ordinary Share Capital of P1,600,000 - P200 par value Share Premium, P400,000 Accumulated Profits of P900,000. ● A share dividend of 6% was declared when the share is selling at P500 per share. Compute the balance of Accumulated Profits after dividend declaration.
- Answer with computation and explanation If the total authorized share capital is P1,000,000 at P10 par, the unissued share capital is 25,000 shares, and all the issued shares were sold at P15, then the total shareholders' equity before any operation activities is a 2 750,000. b P1,125,000 c. P375,000. d. P250,000.What is the gain or loss on sale of Dynamite Inc shares? a. 20,000 gain b. 20,000 loss c. 7,500 gain d. 7,500 loss e. None of the choices f. Others, specify:BFAR Corp. has the following information in its shareholders' equity: Ordinary Share Capital, P100 par value: P1,000,000 . Subscribed Share Capital - Ordinary: P200,000 . Subscriptions Receivable - Ordinary: $67,000 • Share Premium - Ordinary: $37,000 Treasury Shares - Ordinary: P10,000 . Accumulated Profits: P150,000 How much is the contributed capital? ● ●
- ed A company has the following balance sheet (market values): Liabilities + Equity Debt Equity Assets Cash Operating Assets 600 1000 400 1200 If the firm has 300, find its fair share price after it repurchases 100 worth of shares: (round your answer to the nearest 0.01)- What is the unrealized gain (loss) reported in profit or loss for the year 2021?A. P31,000B. (P31,000)C. P43,000D. (P43,000) - How much was the gain or loss on the sale of CD shares? A. P1,100 gain B. P2,000 gain C. P15,000 loss D. P15,900 lossIf a corporation reissued at P200 per share 100 shares of treasury stock that it had previously acquired for P280 per share and there wasn’t any Share Premium-Treasury it would debit a. Loss on Sale of Treasury Stock for P8,000 b. Share Premium-Ordinary for P8,000 c. Retained Earnings for P8,000 d. Treasury stock for P8,000 What letter has the right answer? Explain each why the other choices is not the answer.
- 12. All the 200 treasury shares were sold for P 22,000. How would the resale of the treasury shares be recorded?13. As a result, the effect on the total Additional Paid In Capital would be ____________________ (indicate increase or decrease)Item No. 5 is based on the following information: and no bezod ei S.oM mat 003. 16 Mario Mario Corporation received subscriptions for 400 ordinary shares with a par value of P 20 per share. The subscription price was P 23 per share. 5. What would be the increase in the Subscribed Ordinary Share Capital and Ordinary Share Premium accounts, respectively, as a result of the foregoing transaction? a. PO and P 1,200. b. PO and P 9,200. c. P 8,000 and P 1,200. 219 d. P 9,200 and P O. reflected in theHow much was the gain or loss on the sale of CD shares? a. P1,100 gain b. P2,000 gain c. P15,000 loss d. P15,900 loss