GMA Corp. has the following information in its shareholders’ equity: Preference Share Capital, ₱100 par value: ₱2,000,000 Share Premium – Preference: ₱100,000 Share Dividend Distributable – Preference: ₱350,000 Ordinary Share Capital, ₱10 par: ₱50,000 Share Premium – Ordinary: ₱40,000 Subscribed Share Capital – Ordinary: ₱150,000 Subscriptions Receivable – Ordinary: ₱27,000 Accumulated Profits: ₱300,000 How much is the legal capital?

Q: How much dividends will be received by the preference shares holders?

A: There are various classes of preference shareholders, Non cumulative is one of the classes of…

Q: h. Preference share capital is cumulative and nonparticipating i. Preference share capital is…

A: h. Preference share capital is cumulative and nonparticipating: Details Amount(₱) Total…

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A: Earning per share is a ratio that shows the earing of investors on each share. It's a financial…

Q: Mars Corporation recorded the following journal entry: Land 450,000 Preference share capital Share…

A: No. of shares issued = Value of Land / Issue price per share = 450000/120 = 3750 shares

Q: issue price pe

A: The issue price per share refers to the price at which the share is to be offered for sale when it…

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Q: Calculate the amount of different categories of share capital and prepare the abstract of SFOP

A: Face value per share = 5,000,000/10,000,000                                   = OMR 0.50 Amount of…

Q: The shareholders' equity of Janet Corporation at the end of 2018 and 2017. are as follows: 12%…

A: Number of preference shares as on 31st December 2018 = P1,000,000P100 = 10,000 shares Number of…

Q: The following is the condensed balance sheet of Red Corporation as of the end of 2020. Amounts are…

A: "Since you have asked a question with sub-parts more than three, as per guidelines, the first three…

Q: Item No. 1 is based on the following information: IsV bats12 to 2293x3 ni Istiq6) sier…

A: The paid up capital is the amount of minimum value of shares to be issued.

Q: nd show your soluti

A: shareholders' equity of NNN Company on December 31, 2014 follows:   calculation of Book value of per…

Q: 3. INDIGO Corporation provided the following shareholders' equity accounts. What is the amount of…

A: Legal capital refers to the minimum amount of capital that a company is required to maintain which…

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A: We have to find the total assets of the combined entity after the merger transactions, in two…

Q: What is the par value per share? * Mars Corporation recorded the following journal entry: Land…

A: No. of shares issued = Value of Land / Issue price per share = 450000/120 = 3750 shares

Q: The shareholders' equity section of Gibberish Inc. Statement of Financial Position shows the…

A: Formula: Total outstanding shares = Total outstanding shares value / PAR value

Q: axed at 25%. Amount Pre-tax Cost Bonds P 3,000,000 1,000,000 4,000,000 8% Preferred Shares 10%…

A: Weighted average cost of capital is cost of capital considering the weights of different sources of…

Q: What is the par value per share? * 5 point Mars Corporation recorded the following journal entry:…

A: Solution: Number of shares issued = total value of issue / issue price  = 450000 / 120 = 3750 shares…

Q: (b) The owners' equity account for Rantuil Utilities Berhad are shown below: Common Share (RM2 par)…

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Q: ERGO Corp. has ordinary share capital with par value of ₱50, and preference share capital with par…

A: Share premium: It is the amount which exceed the Face value of share. The share premium account can…

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A: Working note: Computation of share dividend: Share dividend=Share capital×Rate of…

Q: HAWKEYE Corporation has the following shareholders' equity accounts as of December 31, 2021: 6%…

A: Annual Dividend to Preferred shareholders = preferred share capital x rate of dividend = ₱200,000 x…

Q: 4. An entity showed the following data: Share capital, par value P50 5,000,000 Share premium 200,000…

A: According to the given question, we need to compute the total shareholders' equity and balance of…

Q: 3. INDIGO Corporation provided the following shareholders' equity accounts What is the amount of…

A: Legal capital in the business means aggregate par value of the shares issued through the company,…

Q: Please answer asap! UPVOTE will be given! No long explanation needed. BFAR Corp. was authorized to…

A: Subscribed share capital is the amount of share capital that is being subscribed by the…

Q: Ltd is acquiring B Ltd and will pay consideration totally rough shares. e financial data of both…

A: Market capitalization is market value of equity.

Q: Philippines shareholders' equity accounts prior to treasury shares transactions: Ordinary shares,…

A: Share premium is the amount that is received over and above the par value of shares. Treasury shares…

Q: GAMORA Corporation’s shareholders’ equity is composed of 10,000, ₱10 par ordinary shares, ₱40,000…

A: No. of shares issued under bonus = No. of ordinary shares outstanding x 40% =  10,000 shares x 40% =…

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.