What is the book value per share of ordinary share

Assignment Help Financial Accounting
Reference no: EM132942489

Question - The shareholders' equity of Orange Company shows the following balances on December 31, 2019:

10% preference share capital, cumulative and nonparticipating, P100 par with a liquidation value of P110, 20,000 shares P2,000,000

Ordinary share capital, P100 par, 30,000 shares 3,000,000

Subscribed ordinary shares 1,000,000

Subscription receivable 600,000

Treasury stock, 5,000 shares at cost (common) 400,000

Share premium reserve 660,000

Retained earnings 1,360,000

Required - What is the book value per share of ordinary share, assuming preference dividends are in arrears since 2019?

Reference no: EM132942489

Questions Cloud

Should company replace year-old printer : One year ago, Your company's tax rate is 21% and the opportunity cost of capital is 10%. Should your company replace its year-old printer?
Should lupace make the investment required to produce : Should Lupace make the investment required to produce these grading machines? Lupace Corporation is planning to produce a grading machine.
What happens if competitors come in for instance : What happens if competitors come in, for instance, if a large box store like Home Depot opens across the street and puts PIPES out of business?
What amount does need to invest today : If annual inflation is 3.7%, and her investment can earn 6.6% compounded monthly, what amount does she need to invest today?
What is the book value per share of ordinary share : The shareholders' equity of Orange Company shows the following balances on December 31, 2019: What is the book value per share of ordinary share
What are some of the accounts classify as high risk : If you were assigned the human resources task in an audit engagement, what are some of the accounts/activities you'll classify as high risk and why?
Create a client record in an appropriate format : Name sheet 1 Loan application" and sheet 2 Client records. Create a client record in an appropriate format which will be accessible to other appropriate adviser
Find the expected market risk premium : Use the CAPM to find the expected market risk premium and the expected rate of return on the market. Stock A has a beta of .5 and investors expect.
Develop role descriptions and responsibilities : The potential for Modern Methods of Construction to continue to transform the Industry - Define your project type and scope

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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