User Account

All Pages

Prepare the financing activities section of the statement

Assignment Help Accounting Basics
Reference no: EM132829621

Question - Bobadilla Corp. has the following balances in its shareholders' equity accounts at the beginning and end of the year:

Beginning Balance Ending Balance

Convertible Preference Shares, P100 par, each share convertible to 3 ordinary shares P2,000,000 P0

Ordinary Shares, P1 par value 600,000 800,000

Share Premium - Ordinary 3,000,000 9,940,000

Retained Earnings 7,000,000 8,000,000

Treasury Stock 400,000 130,000

Assume that no ordinary shares was retired during the year and profit was P1,300,000. The treasury stock was sold for P250,000.

Required - Prepare the financing activities section of the statement of cash flows.

Reference no: EM132829621

Questions Cloud

What aspects are based on kantian ethical theory : With the recent availability of new vaccines that prevent the spread of COVID-19, governments in Canada and around the world have been making difficult decision
Find what is amount of interest that crocus capitalize : On June 1, 2020, the Crocus Company began construction.What is the amount of interest that Crocus should capitalize in 2020, using the specific interest method?
Performance appraisal system : A company of 15 employees has recently decided to overhaul its performance appraisal system.
What are the significant transactions and accounts : What are some of the questions you would have for Michael before accepting his audit plan?
Prepare the financing activities section of the statement : Assume that no ordinary shares was retired during the year and profit was P1,300,000. Prepare the financing activities section of the statement
Describe effects of experiencing cultural discontinuity : Last week, you enriched your "Diversity Profile" with new insights about your family culture. You continue this process as you reflect on another dimension.
What is the price of the nearest comparable alternative : Old Product is sold at $5 and Improved Product delivers $2 more in value to customers than Old Product. Improved Product costs $3 per unit to make.
What else might change on coca-cola company balance sheet : Suppose that the Coca-Cola company was required.What else might change on Coca-Cola Company balance sheet at December 31, 2005 under this alternative treatment?
Discuss the four dimensions of statistical reasoning : Discuss the four dimensions of statistical reasoning / thinking used in statistical inquiry

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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