Reference no: EM133132039
Questions -
Q1. Bulldogs Inc., a corporation that issues ordinary shares with par value, completed a 2-for-1 stock split on a stock that pays P12 per share dividend. The total legal capital of Bulldogs Inc. is P420,000,000 and total number of outstanding shares of 2,400,000. What is the new par value of each shares?
Q2. Bulldogs Inc. has a positive net float of P6,000. The mail time and clearing time for all the checks received and disbursed by the firm is 3 days and 24 hours, respectively. The processing delay for collection and payment is 2 days and 1 day, respectively. If Bulldogs Inc. has an average daily disbursement float of P18,000, how much is the average daily collection?
Q3. Bulldogs Inc. sells on term 3/20, net 40. Total sale for the year are P1,200,000 on which 40% is cash sales. 30% pays on the 20th day and take discounts while the remaining customers always pay on time. What is the average amount of accounts receivable? (Use 360-day year)
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Discuss the role health insurance has played
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What is the new par value of each shares
: The total legal capital of Bulldogs Inc. is P420,000,000 and total number of outstanding shares of 2,400,000. What is the new par value of each shares
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