Reference no: EM132938138
Question - On Jan. 1, 2016, Panelo, Inc. has the following stock outstanding:
?Ordinary Shares, P100 par, 100,000 shares authorized, 45,000 shares?? P4,500,000 ??issued and outstanding
?Share Premium????????? 3,600,000
The following are the transactions that took place in 2016:
Mar. 10 ?Panelo purchased 1,000 shares for P195 per share.
June 19 ?Panelo sold 600 of the shares purchased on March 10 for P210 per share.
Oct. 2 ??Panelo sold the 200 shares purchased on March 10 for P190 per share.
Oct. 15 ?Panelo retired the remaining 200 shares.
Required - Journalize the above transactions.
|
Why does offering health coverage make frank bonanno
: 1. Why does offering health coverage make Frank Bonanno's restaurant company "super-competitive" in recruiting employees?
|
|
What would new share price? be
: CCR stock is currently trading at $60.08 per share. If CCR issues a 25?% stock? dividend, what would its new share price? be? $48.06
|
|
How many different sound systems can he? advertise
: The store carries 9 different CD? players, Assuming a sound system consists of one of? each, how many different sound systems can he? advertise?
|
|
What mandatory deposit required in fund for each half- year
: 20% compounded semi-annually. At the end of the 10 years, the bond obligation will be retired. The mandatory deposit required in the fund for each half- year is
|
|
Question - Journalize the transactions
: Journalize the above transactions: ?Ordinary Shares, P100 par, 100,000 shares authorized, 45,000 shares?? P4,500,000 ??issued and outstanding
|
|
How valuable is the growth option
: If the company does not consider real options, what is Project X's NPV? Nishi Trading Ltd is deciding whether to proceed with Project X.
|
|
What the correcting journal entry
: The equipment will be used for three years and then sold for $150,000. X uses straight-line depreciation. What the correcting journal entry
|
|
Determine the monthly payment needed to pay off the balance
: Determine the monthly payment needed to pay off the balance by 36 equal payments if the 1st payment is 1 year from now and interest is atj12 =12% p.a.
|
|
What depreciation would june record for the year
: June revised the useful life to a total of six years with no residual value. What depreciation would June record for the year 2022 on this equipment
|