What book value per ordinary share at december should be

Assignment Help Financial Accounting

Reference no: EM132807715

Georgia, Inc. has an authorized capital of 1,000, ?100 par, 8% cumulative preference shares and 100,000, ?10 par, ordinary shares. The equity account balances at December 31, 20x1, are as follows:

Cumulative preference share 50,000

Ordinary share 90,000

Share premium 9,000

Retained earnings 13,000

Treasury shares, ordinary - 100 shares at cost (2,000)

Total 160,000

Problem 1: Dividends on preferred stock are in arrears for the year 20x1. The book value per ordinary share at December 31, 20x1, should be

a. 11.78

b. 11.91

c. 12.22

d. 12.36

Reference no: EM132807715

Questions Cloud

What is the book value per ordinary share for hoyt corp : If Hoyt were to be liquidated, the preference stockholders would receive par value plus a premium of ?50,000. The book value per ordinary share is

The story of viet nam economic miracle : Read "The story of Viet Nam's economic miracle"(Vanham, P., 2018) published by the World Economic Forum

Effectiveness of the new technology and system : Examine strategies to evaluate the effectiveness of the new technology and system. Answer the following questions:

Differences between salaries and wages : In your own understanding, what are the differences between salaries and wages? Provide a specific example using workplace scenarios.

What book value per ordinary share at december should be : Dividends on preferred stock are in arrears for the year 20x1. The book value per ordinary share at December 31, 20x1, should be

Employment law and the hiring process : Briefly explain your overall understanding of conducting employee background checks. Why are they done? Why are they important?

What book value of a share of common stock at december : Dividends on preferred stock are in arrears for 2007 and 2008. The book value of a share of common stock at December 31, 2008 should be

Determine the individual development plan : Identify two weaknesses revealed in your Individual Development Plan and discuss why you selected these opportunities

Human resources strategies : Imagine you have been hired to oversee the human resources department of a large hospital system. Explain the importance of measuring competencies.

User Account

All Pages