What is the book value per share

Assignment Help Accounting Basics
Reference no: EM133030988

Question - The shareholders' equity of Joyful Corp. on December 31, 2014 shows the following account balances: 10% preference share, 5,000 shares, P100 par 500,000 12% preference share, 6,000 shares, P100 par 600,000 Ordinary share, 10,000 shares, P40 par 400,000 Share premium 320,000 Accumulated profits 480,000 The 10% preference share is cumulative and fully participating, while the 12% preference share is non-cumulative and fully participating. The last payment of dividends was on December 31, 2012. What is the book value per share of the 12% preference share? What I the BV/share of the ordinary shares?

Reference no: EM133030988

Questions Cloud

Calculating depreciation on vehicles : Calculating depreciation on vehicles: The average replacement cost of other vehicles is £24,000 per vehicle
Explain the behaviors of armstrong teammates : What are the main drives that can explain the behaviors of Armstrong's teammates: Hincapie, Hamilton, and Landis?
How you interacted with the children during the activity : Choose one planned physical activity you have provided. Describe the activity. Include the following in your description:
Capital budgeting-competition in the aircraft industry : In early 2018, Boeing was involved in a titanic struggle with European consortium Airbus SAS for dominance of the commercial aircraft industry.
What is the book value per share : The last payment of dividends was on December 31, 2012. What is the book value per share of the 12% preference share
What is the estimated recovery percentage : Salaries payable amounted to P2M while taxes due government amounted to P1M. What is the estimated recovery percentage
Compare traditional analytics sourced data with big data : Question 1: Our final session of the first semester (in person!) focused on the changing role of data in business research.
What are the five sections of an unqualified audit report : What are the five sections of an unqualified audit report? Briefly describe the contents of each section. Describe the primary roles of the PCAOB
Briefly compare the coupon rate and the interest rate : Utilizing the information provided in your course textbooks or other valid sources, briefly compare the coupon rate and the interest rate regarding bonds

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the adjusted balances of accounts receivable

Percent of sales method - Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense

  Compute the weighted average number of shares

Compute the weighted average number of shares to be used in computing earnings per share for 2018

  Determine the net income of the joint operation

Brisk construct the stand on the front of the lawn at a cost of P10,000; Determine the net income of the joint operation

  Company first-year total income

How much higher (or lower) would the company's first-year net income have been if absorption costing had been used rather than variable costing? Show computations.

  What are the principles of the asset-liability approach

(Basic Accounting for Temporary Differences) Dexter Company appropriately uses the assetliability method to record deferred income taxes.

  Indicate the division of net income to each partner

Indicate the division of net income to each partner, and prepare the entry to distribute the net income.

  Prepare the reconciling entries in the entity book

Checks drawn totaled 200,000 of which 140,000 were encashed during the period. Prepare the reconciling entries in the entity's book

  Prepare journal entries to record tashas income tax expense

at the end of the prior year tasha inc. had a deferred tax asset of 21000000 attributable to its only timing

  Create a formula that sums the total net book values

c. Create a table at the bottom of your worksheet that consists of two columns: 1. Asset name (values should be chair, desk, laptop, monitor, software, and workstation) 2. Net book value (create a formula to calculate this number) assuming that the c..

  Which amount should a company record as wages

What is the difference between gross pay and net pay? Which amount should a company record as wages or salaries expense?

  Problem regarding the cost of employee benefits

Reisleven Corporation has undertaken a cost study of its operations. One area of concern to the company is the total cost of labor, particularly the cost of employee benefits. Prepare a list of the different kinds of costs that a company might inc..

  Patricia is a business owner who is trying to determine her

patricia is a business owner who is trying to determine her cost of goods sold for 2010. she bought 20 units of

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