Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem
B4 a publicly quoted company, has 750,000 ordinary shares of $4 each in issue throughout its financial year ended 31 March 2014. The following are the other particulars:
- 1 July: New issue of 250,000 ordinary shares at full market price;
- 30 September: Rights issue made of 1 for 4. Exercise price $6 and the market price before rights issue $6.50.
- 1 November: Bonus issue made of 2 for 5
- Options granted in 2013 to the company's senior management giving them the right to subscribe for 600,000 ordinary shares at a cost of $6.5 each.
The statement of comprehensive income of B4 for the year ended 31 March 2015 reports a net profit after tax of $928,500. Tax on profits is 30%. The average market price of B4 ordinary shares was $8 for the year ended 31 March 2015.
Required:
Calculate B4s basic and diluted earnings per share figures for the year ended 31 March 2015.
Summit Limited issued $8,000,000 in bonds on 31 December 2015. Prepare the journal entries for the first year of the bond
Internal Control Procedures are required to safeguard company assets and to ensure ethical operation of the business.
Prepare the company's journal entries for the January 1 issuance the July 1 interest payment
Justify the time it takes to put together a budget for a human resource project. Support your justification by creating a hypothethical example of a human resource project. Relate specific elements of your example to support your justification.
The Hampton Company produces and sells a single product. Prepare an income statement for the year using variable costing
Describe the three methods used to allocate joint costs. What are the advantages/disadvantages of each allocation method? Which method would you recommend? Why? Support your position with evidence from the text or external sources. Your initia..
Prepare the retained earnings statement for the year assuming the balance in retained earnings on January 1, 2010, was $220,000.
the standard cost card for a product shows that the product should use 4 kilograms of material b per finished unit and
Determine net cash provided by operating activities under each approach. Assume that all sales were on a cash basis and that income taxes and operating expenses, other than depreciation, were on a cash basis.
Determine whether it is true or false. Justify your answer providing either a short proof or a (counter) example as appropriate. Given two bonds with the same price, face value, expiration date and yield means that their coupons payments are iden..
A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She be- lieves that each purchase is independent of the others.
Who are the potential stakeholders involved in the situation? What alternatives does Tony have in this situation? what might the company do to prevent this situation from occurring
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd