Does the second cup have preferred shares

Assignment Help Accounting Basics
Reference no: EM132741113

Question: a) Does The Second Cup have preferred shares? If so, how many preferred shares is the company authorized to issue? How many shares were issued at June 24, 2000?

b) What was the average issue price of the common shares at June 24, 2000 and June 30, 1998?

c) Did The Second Cup repurchase any shares in fiscal 2000? Fiscal 1998? If so, identify how many shares and at what amount.

d) Calculate The Second Cup's return on equity for fiscal 1999, using its pro forma 1999 results. Shareholders' equity at June 27, 1998 was $10,.950,000. How does this compare to the 2000 return on equity of 9.50%?

e) Calculate the book value per share for fiscal 1999, using its pro formal 1999 results. How has the book value changed from fiscal 1999 to 2000? The book value per share for 2000 was $0.18

f) How many common shares were issued for cash to employees and directors during the year ended June 24, 2000?

g) As at June 24, 2000, what percentage of the company assets was financed by the shareholders equity?

h) Did the company report and discounted operations or extraordinary items during the years ended June 24, 2000, and June 30, 1999?

i) How much were the earnings (loss) per share the years ended June 24, 2000 and June 30, 1999?

j) How much (if anything was paid in dividends during the years ended June 24, 2000 and June 30, 1999?

Reference no: EM132741113

Questions Cloud

Prepare the journal entry to record the initial investment : Petersen Stores invested in $100,000 face amount of 4-year bonds issued by Erik Food Supply Company on January 1, 20X1. The bonds were purchased at 98.
Explain the revaluation model using the proportionate method : Moon Inc., a publicly listed company, has a building with an initial cost of $400,000. At December 31, 2020, the date of revaluation, accumulated depreciation.
What is the maximum benefit alicia can receive : Alicia has been working for JMM Corp. for 33 years. Alicia participates in JMM's defined benefit plan. Under the plan, for every year of service for JMM.
Journalize transactions using a perpetual inventory system : Journalize the transactions using a perpetual inventory system. Enter the beginning cash and capital balances and post the transactions.
Does the second cup have preferred shares : Does The Second Cup have preferred shares? If so, how many preferred shares is the company authorized to issue? How many shares were issued at June 24, 2000?
What are some reasonable expectations for research : Intangible assets may be a result of R&D efforts. How does research and development impact the value of an intangible assets. What are some reasonable.
What total deductible expenses for tax purposes are : Vella owns and operates an illegal gambling establishment. In connection with this activity, he has the following expenses during the year.
What is the entry to journalize the closing entry year end : On June 1, X Inc issued an $84,000 5% 120 day note payable to Smith Company. Assume that the fiscal year of Smith ends June 30. Using a 360 day year.
Calculate employers total futa and suta tax : Calculate employer's total FUTA and SUTA tax. As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1.2% and a taxable earnings threshold.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd