User Account

All Pages

Show the equity section in loura ltd balance sheet

Assignment Help Financial Accounting
Reference no: EM132914072

The stakeholder' equity section in the balance sheet of Loura Ltd. is as follows:
                                                                   $
Equity
Share Capital: Ordinary shares of 50p each      250,000
Reserves: Share premium                             250,000
Reserves: Retained Earnings                         100,000
                                                                600,000

Required:

Problem a: Show the equity section in Loura Ltd. balance sheet after the actions detailed below (both actions are independent of each other):

1. A one for five bonus issue, capitalizing the share premium account.

2. A right issue of one for five at $ 1.2, assuming that all rights are taken up.

Reference no: EM132914072

Questions Cloud

What would be the present value of the bond : If the required rate of return by investors was 14 percent instead of 11 percent, what would be the present value of the bond
What was the ytm of jnbc bonds at the time of the issue : 10% coupon rate and semi-annual interest payments. If the bond was sold for $916.42, what was the YTM of JNBC bonds at the time of the issue?
Paper about cips for module procurement category management : Write 5000 words Paper about CIPS for Module Procurement Category Management
What is the annual interest you would earn : Bond Investment Dilemma - What is the annual interest you would earn (before taxes) on the municipal bond? On the corporate bond
Show the equity section in loura ltd balance sheet : Show the equity section in Loura Ltd. balance sheet after the actions right issue of one for five at $ 1.2, assuming that all rights are taken up.
Why might the Fed policy also affect the risk premium : The Fed's open market operations can change the money supply, Why might the Fed policy also affect the risk premium
Financial gap to education : "How to close the financial gap to education and why access to higher education is important for all."
When might want a large standard deviation : As an accountant, what is an example of when you might want a large standard deviation? That is data that is more spread out?
Explain how the slope of the yield curve will change : Assume that the yield curve is flat today. Explain how the slope of the yield curve will change tomorrow in response to the market activity

Reviews

Write a Review

Financial Accounting Questions & Answers

  What was issue price if only one stock issuance has occurred

What was the issue price (market value) if only one stock issuance has occurred? A firm has $5,300,000 in its common stock account and $53,000,000.

  Create the journal entry to record income taxes

Taxable income was $20,000; Johnny had $93,000 of pretax accounting income. The tax rate is 35%. Prepare the journal entry to record income taxes for 2018.

  Relationship between labor variance and overhead variance

Describe the relationship between the labor efficiency variance and the variable overhead efficiency variance.

  What the company eps is closest to

Common dividends paid of $45,000. Cheltenham paid taxes of $94,800. The company has 30,000 outstanding common shares. The company's EPS is closest to

  Calculate the expected real rate of return

Assume that the inflation rate and risk free rate are, respectively, 2% and 2.5%, calculate the expected real rate of return, and the REAL risk premium

  Which statements concerning the taxation of bart insurance

If Bart had no other medical costs this year, which of the following statements concerning the taxation of Bart's insurance benefits is correct?

  Calculate the present value of the machine to patel

Calculate the present value of the machine to Patel. (Hint: Use Table 2 in Appendix C.) Does the purchase appear to be a smart busi- ness decision? Why?

  For how many years has the deposit been invested

The bank pays an interest rate of 10% compounded annually, and the deposit is now worth $30,052. For how many years has the deposit been invested

  Preparation of income statement using contribution

preparation of income statement using contribution analysis.omstadt company produces and sells only two products that

  About activity-based costing

Which of the following is true about activity-based costing?

  Record the dividend declaration and the receipt of dividend

Harper acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2014, for $334,900 in cash. The book value of Kinman’s net assets on that date was $625,000, although one of the company’s buildings, with a $70,800 carrying a..

  Calculate the change in each balance sheet account

Calculate the change in each balance sheet account and indicate whether each account relates to operating, investing, and financing activities

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