The shareholder’ equity of M Corp on Dec 31, 2021 follows:   10% Preference share capital P100 par, 45,000 shares        P4,500,000 Ordinary share capital, P20 par, 180,000 shares  P3,600,000 Preference share premium  P1,000,000 Ordinary share premium       P900,000 Retained Earnings   P5,480,000 Total shareholder’s equity  P15,480,000  Preference share are non-cumulative with dividends in arrears for 2 years with a liquidation value of P110.  On December 31, 2021, a cash dividend of P500,000 was declared.  What is the book value per share of ordinary share capital?   A.56 B.120 C,130 D.180

Q: On December 31, 2021, the statement of financial position of FRUITS Company showed the following…

A: Preference shares-Cumulative  These are the shareholders  having  right to receive dividends  if…

Q: GR Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…

A: Shares are defined as the company’s holdings that are provided to the investors or any person who…

Q: What is the total balance of SHAREHOLDERS' EQUITY as of December 31, 2020

A: Shareholders' equity as of December 31, 2020 is calculated with the help of following worksheet:…

Q: Part A Phelps Corporation has two classes of share capital outstanding: $5 par ordinary and $20 par…

A: Company means the form of business where the owner are allotted shares. Journal entry means the book…

Q: The equity section of CFAS Company revealed the following information on December 31, 2022:…

A: Contributed capital is a portion of an organization's total equity. It might be a separate account…

Q: Dividends on preference shares are in arrears for the current year. If ABC Co. is liquidated, how…

A: The stockholders' equity section of a balance sheet represents the total contribution of the owners.…

Q: Compute for the book value per share on preference and ordinary share under each of the following…

A: The underlying value of the financial assets in the books of accounts of the company is known as…

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A: Dividend - The dividend is the profit distributed to the shareholders of the company. The company…

Q: How much is the total shareholder's equity if all subscription receivables are due in year 2022 a.…

A: Shareholders equity is the total amount attributable to shareholders of the company. This is an…

Q: Andromeda Corp. reported the following shareholders’ equity on December 31, 2023: 12% cumulative…

A: Solution:The book value per preference share :First we calculate cumulative dividend arrears…

Q: ABC Corporation provided you the following information on January 01, 2021: Share capital, P10 par…

A: The journal entries are prepared to keep the record of day to day transactions of the business. The…

Q: Using the information below, how may Ordinary shares were issued in 2020? The shareholders' equity…

A: Ordinary share capital gets impacted only when shares are issued, therefore, to ascertain the number…

Q: The shareholder' equity of M Corp on Dec 31, 2021 follows: 10% Preference share capital P100 par,…

A: The dividend in arrears are paid to only cumulative preference shareholders. The book value per…

Q: The shareholder's equity of ABC Company at December 31,2018 is presented below: 12% Preference share…

A: The shareholder's equity is the claim of the shareholders on the business' assets. But the claim can…

Q: The following data are presented for Caroline company for the year ended December 31, 2020.…

A: A financial statement is a written statement of the company. This statement represents the financial…

Q: GR Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…

A: Given that, 8% cumulative preference share of P100 par value outstanding = 2,000 shares Ordinary…

Q: GR Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…

A: Dividend means the amount given to shareholder of the company as profit distribution by  company.…

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Q: SCARLET Corporation has an authorized capital of 10,000 shares of $100 par, 8% cumulative preference…

A: Formula: Book value per ordinary share = Total Equity available to Ordinary shareholders / No. of…

Q: Dina Fritz Corporation provided the following information on Shareholders Equity on December 31,…

A: Journal entry records the accounting transactions of a business in a journal book. All the business…

Q: Ellie Company provided the following shareholders' equity on December 31, 2020: Preference share…

A: The determination of total amount of Dividends to be declared for the Preference and Ordinary…

Q: The capital structure of THOR Company on December 31, 2020, is as follows: • 12% Preference shares,…

A: Shareholders' equity is the sum total of all the money which belongs to the owners of a company. It…

Q: pital structure of Thor Company on December 31, 2019 follows: 12% Preference share capital, P200…

A: Stockholders' equity, also known as shareholders' or owners' equity, is the amount of assets…

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A: Ordinary shares, often referred to as common shares or common stock, signify ownership in a business…

Q: HHH Company provided for the following shareholders’ equity on December 31, 2020: Share capital,…

A: Shareholders equity is one of the important section of the balance sheet. It means total amount…

Q: The shareholder’ equity of L Corp on Dec 31, 2021 follows:   10% Preference share capital P100…

A: Preference share capital is the capital which gets preference over the equity share capital in terms…

Q: P5,000,000 Unissued ordinary share capital                                 2,000,000 Subscribed…

A: Shareholders’ equity is the total amount of money that is invested by the owners of a company.

Q: The shareholders' equity of Gregorio Company included P4,000,000 of P10 par ordinary share capital…

A: A dividend is considered as a part of the distributable profit distributed by the company to its…

Q: The H2 Corp has the following classes of share capital outstanding as of Dec 31, 2021. Ordinary…

A: Ordinary Shares: 20,000 Shares  Par Value of Ordinary Shares: P20 Preference Shares: 2,000 shares…

Q: The shareholder's equity of Bims Company at December 31, 2018 is presented as follows: 12%…

A: Shareholders Equity Shareholders equity which includes share capital like ordinary shares and…

Q: the shareholders' equity of Gregorio Company included P4,000,000 of P10 par ordinary share capital…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: How much is the shareholder's equity at 12/31/2019?

A: Shareholders Equity The preparation of shareholders equity which know the details of total equity…

Q: XYZ Corporation reported the following shareholders equity on December 11, 2021 8% cumulative…

A: The following information given: 1. 8% cumulative preference share capital, P50 par, liquidating…

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.