Reference no: EM133184756
Question - Tarr Company reported the following shareholders' equity on December 31, 2021:
Preference Share capital - 12%, 50 par, 20,000 shares 1,000,000
Ordinary Share capital, P25 par, 100,000 shares 2,500,000
Share Premium 200,000
Retained Earnings 400,000
Retained Earnings appropriated 100,000
Revaluation Surplus 300,000
Dividends on preference share have not been paid since 2019. The preference share has a liquidating value of P55 and a call price of P58. What is the Book Value per preference share?
|
How much should x report as his gross income
: Sale of a land in Marikina not used in business (with a FMV of P2,900,000), P3,300,000. How much should X report as his gross income
|
|
How much amount is to be included as part of gross income
: Charlotte was injured in a vehicular accident in 2022. He incurred and paid medical expenses of P120,000. How much amount is to included as part of gross income
|
|
What amount of retained earnings should be capitalized
: Share capital, par P25, authorized 150,000 shares, Treasury shares, at cost 150,000. What amount of retained earnings should be capitalized
|
|
How much is the basic income tax due of x for taxable year
: Also, X claimed in his income tax return a personal exemption of 50,000, as head of the family. How much is the basic income tax due of X for Taxable Year
|
|
What is the book value per preference share
: The preference share has a liquidating value of P55 and a call price of P58. What is the Book Value per preference share
|
|
Determine the opportunity cost if he chooses to do lawnwork
: In addition, if he chooses to work at the pool, he will incur $20 in gas costs per week. Determine the opportunity cost if he chooses to do lawnwork
|
|
What amount should be reported as dividend payable
: Cash dividends declared in 2021 totaled P440,000. What amount should be reported as dividend payable to preference and ordinary shares
|
|
What is the present value of this two-year loan
: The APR is 12% and payments begin at the end of the first month (i.e., in month 1). What is the present value of this two-year loan
|
|
What would be the calculations for the figures
: Question - Sina believes he can invest his savings in a mutual fund and earn a 6.5% annual return. What would be the calculations for the above figures
|