Reference no: EM132757983
Question: 1) CACA Co. has the following shareholders' equity accounts: 8% Preference Share, P10 par P200,000 Ordinary share, P6 par P300,000, Accumulated Profit P100,000. Dividends have not been declared for 3 years including the current year. On October 1, a cash dividend of P80,000 has been declared by the Board of Directors. Assuming that the preference share is cumulative and fully participating, compute for the dividend per share for preference share (round off to two decimal places).
2) COMBO Co. issued 20,000 shares of its P25 par value ordinary shares and 4,000 shares of its P50 par value preference shares for a total of P350,000 cash and an equipment with acquisition cost of P900, 000, book value of P450, 000 and fair value of P500, 000. On that date, the fair value of ordinary shares is P30. How much is allocated to the preference shares?
3) On January 1, 2020, FAITH Co. granted its president 50,000 share appreciation rights. The rights are exercisable immediately and expire on December 31, 2021. On exercise, the president is entitled to receive cash for the excess of the share market price on exercise date over the market price on grant date. The president did not exercise any of the rights in 2020. The market price of the share was P100 on January 1, 2020 and P115 on December 31, 2021. The president exercised the rights on December 31, 2021 when the market price was P110. As a result of the share appreciation rights, FAITH Co. shall recognize gain on reversal of share appreciation rights in 2021 at?
|
Safety sharing
: Develop a one page safety sharing on any safety topic. Ways to eliminate or mitigate hazards associated with this topic.
|
|
Find the portfolio weights
: Find the portfolio weights, XA and XB, such that the variance of her portfolio is minimized.
|
|
Provide the journal entries for items
: The entire consideration received from customers to sales revenue. During December, 100 coupons were used. Provide the Journal entries for items in Part B
|
|
Bureau of labor statistics
: Identify one theory that appeals to you the most from the leadership theories discussed in your team and in the text.
|
|
How much is allocated to the preference shares
: COMBO Co. issued 20,000 shares of its P25 par value ordinary shares and 4,000 shares of its P50 par value preference shares for a total of P350,000 cash.
|
|
What is the optimal number of production runs the company
: A company produces and sells 7,680 stuffed dogs each year. What is the optimal number of production runs the company should make each year?
|
|
Compute for the partners respective shares
: Compute for the partners' respective shares if profits are to be divided based on average capital. Compute for the partners' respective shares if the partners.
|
|
What was its cost of goods sold
: During February the company produced 1,150 units at a cost of $18 per unit. If Higgins sold 1,700 units in February, what was its cost of goods sold
|
|
What is the expected return on beta equity
: Beta plc is an all-equity firm with 500,000 shares of equity outstanding. The current price per share is £20. Beta is planning to announce
|