What is the book value per share on ordinary share

Assignment Help Cost Accounting
Reference no: EM132791970

Question - Blue Corporation's December 31, 2012 balance sheet reports the following shareholders' equity:

10% Cumulative Preference share capital, P100 par value per share, 15,000 shares issued and outstanding P1,500,000

Ordinary share capital, P100 par value, 50,000 shares issued 5,000,000

Share premium reserve 600,000

Treasury stock, (ordinary) 5,000 shares at cost 650,000

Retained earnings 2,100,000

The last payment of dividend on preference was in December 31, 2010. If Blue were to be liquidated, the preference shareholders would receive par value plus a premium of P10 per share.

1. What is the book value per share on ordinary share?

2. If the preference share is participating, what is the book value per share on ordinary share?

Reference no: EM132791970

Questions Cloud

What is Superman WACC : The bonds have a face value of $1,000 and sell for $1,100. The risk-free rate is 3 percent. Given this information, what is Superman's WACC
Provide the journal entry ABC Corp will record : Assuming the lease is classified as an operating lease under the new accounting laws for leases, please provide journal entry ABC Corp. will record on 1/1/2020
Illegal behavior from occurring in the future : How do you think the NCAA and the Commission on college basketball should move forward to prevent illegal behavior from occurring in the future
Focus of communication strategies : Technology, as an integral component in today's business world, is often the focus of communication strategies.
What is the book value per share on ordinary share : Ordinary share capital, P100 par value, 50,000 shares issued 5,000,000. What is the book value per share on ordinary share
Describe compensation challenges for the hr professional : The project assignment provides a forum for analyzing and evaluating relevant topics for this week on the basis of the course competencies covered.
What is the number of shares to be used : The shares were split on a 2 for 1 basis. What is the number of shares to be used in computing earnings per share on December 31, 2012
Adopt for improving communication within organization : Discuss a tool or strategy a leader can adopt for improving communication within the organization.
Create a job description for your current position : From your discussion preparation work, create a job description for your current or most recent position. Justify how you selected the task components.

Reviews

Write a Review

Cost Accounting Questions & Answers

  What is the selling price needed to earn a percent

What is the selling price (rounded to nearest peso) needed to earn a 12 percent internal rate of return? Suppose the 20,000 estimated volume is sound

  Which costing method produces the highest ending

Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average (round unit cost to three decimal places), and (3) LIFO.

  What is the effective annual rate for each option

What is the effective annual rate for each option?

  Prepare a variance report for the purchasing department

Prepare a variance report for the purchasing department with the following columns. Prepare a variance report for the production department with the following columns.

  How much of ratliff co change in income

How much of Ratliff Co's change in income from 2019 to 2020 is due to a cost leadership strategy?Ratliff Appliances Company makes a household

  Prepare the sale under the cost method

Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method.For a compound transaction

  Compute dows basic and diluted earnings

Compute Dows basic and diluted earnings per share for the year ended December 31, 2009 - On December 31, 2008, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued a..

  Which is not a factor in cost-volume-profit analysis

Which is not a factor in cost-volume-profit analysis? Which of the following is not an assumption of cost-volume-profit analysis?

  Prepare income statement based on absorption costing

ABC limited sells its product at 3 rupees per unit. The company uses a First-In First-Out actual costing system. Prepare income statement based on: Absorption costing

  Maintain a multiple step income statement

From the following information, prepare a multiple step income statement, starting with the proper title.

  Calculate advanced corporations breakeven point

Calculate Advanced Corporation's breakeven point for 20x5 (i) in units, and (ii) in amount. Calculate Advanced Corporation's breakeven point (i) in units, and (ii) in amount if variable costs are 52% of revenues.

  Calculate the profit at an actual sales volume

Calculate the profit at an actual sales volume of 8,000 units, using the following methods. Absorption costing and Marginal costing. Explain the difference in profits calculated.

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