User Account

All Pages

What is the book value per share of ordinary shares

Assignment Help Financial Accounting
Reference no: EM132824821

Question - The shareholders equity of Mary corporation on Dec. 31, 2017 shows the following account balances:

10% preference share, 10,000 shares, 100 par 1,000,000

12% preference share, 12,000 shares, 100 par 1,200,000

Ordinary share, 20,000 shares, 40 par 800,000

Share premium 640,000

Accumulated profits 960,000

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 Dec. 31, 2015.

Required - What is the book value per share of ordinary shares?

Reference no: EM132824821

Questions Cloud

Compute thomas incremental net profit : Assume that Thomas sold all of its production of Q and R during the current accounting period. Compute Thomas 's incremental net profit.
How are learning-development needs identified : Why is this topic being discussed? What is important about it? Explain your position about the topic.
Pursues differentiation strategy : Identify two companies, one that you believe pursues a lowest-cost strategy and another that pursues a differentiation strategy.
Describe the objectives for the older adult : Review the Healthy People 2030 objectives for the older adult. Of the objectives listed for the older adult, which two do you feel are most important.
What is the book value per share of ordinary shares : Ordinary share, 20,000 shares, 40 par 800,000 and Accumulated profits 960,000. What is the book value per share of ordinary shares
Compute the finance charge on the credit card account : Use the average daily balance method to compute the finance charge on the credit card account for the month of August? (31 days)
Dias and bartleby-a christmas carol : The workplace in Bartleby's or Scrooge's () time was quite different from today. It was more like today's professional environment.
Does anyone else at school need to be involved in solution : Does anyone else at the school need to be involved in the solution? Where is the power leverage in the school to reach the preferred solution?
Journal entries using the area of interest method : Journal entries using the area of interest method for 2018, 2019, and 2020. Calculations should be rounded to the nearest dollar

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd