Showing the company equity balances

Assignment Help Accounting Basics
Reference no: EM133163239

Question - At the start of the financial year, on April 1, 2021, Hay Ltd had the following capital structure: 12,915,000 ordinary shares with a par value of $1.40 each Share premium account - $630,000 During the year, the company made a new issue of 760,000 ordinary shares with par of $1.40 per share, collecting $1,240,000. They then made another new issue of 490,000 ordinary shares with par of $1.40 per share for $1.55 each. Complete the table showing the company's equity balances before and after accounting for both issues of the shares.

Reference no: EM133163239

Questions Cloud

What is the payback period for the investment : Assume the new machine will generate after-tax savings of $250,000 per year over the next four years. What is the payback period for the investment
Cost-leadership position : Can you help me understand the following? Does AIRBNB have a cost-leadership position in this business? If so, identify which cost drivers it uses effectively t
Defined benefit pension plan : Assume that you are an employee, age 30, and you are given your choice of participating either in the Defined Benefit Pension plan (DBPP) or the Defined Contrib
Workplace environment and turnover intention of employees : RESEARCH TOPIC: The Relationship Between Compensation, Workplace Environment and Employee Relationship to Turnover Intention of Employees
Showing the company equity balances : Complete the table showing the company's equity balances before and after accounting for both issues of the shares
Parameters of the organization needs and job requirements : From the research and an HR perspective, what are some best practices that HR professionals use to partner with their managers for establishing the parameters o
Retention program for blue collar workers : Retention program for blue collar workers. Other than monetary and benefits. What else will entice them to stay?
What are the hr planning responsibilities and activities : What are the HR planning responsibilities and activities that HR should perform during the Molson Coors acquisition?
How much is the unrealized gain in the profit or loss : The fair value of this investment is P95,000 as of December 31, 2021. How much is the unrealized gain(loss) in the profit or loss statement for the year 2020

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