Reference no: EM132813185
LUCIA Co. has the following information related to its accounts as of December 31, 2020:
Ordinary share capital, P50 par value P1,000,000
Preference share capital, P30 par value 450,000
Share premium - ordinary 400,000
Share premium - preference 120,000
Retained earnings 250,000
Treasury shares - ordinary, P55 cost per share 275,000
Problem 1: What is the number of outstanding shares for each class of share?
Ordinary Preference
a. 20,000 shares 10,000 shares
b. 15,000 shares 15,000 shares
c. 20,000 shares 15,000 shares
d. 15,000 shares 10,000 shares
|
How much is the present value of five years worth of rent
: Which is due at the beginning of each year. If the hurdle rate of Ansel Accounting Firm is 10%, how much is the present value of five years' worth of rent?
|
|
Examine the concerns-based adoption model
: Examine the Concerns-Based Adoption Model (CBAM) described in Chapter 15 of the Morrison text and note the stages. Discuss how these stages might influence.
|
|
What is the flexible-budget amount for fixed overhead
: Rutch Corporation manufactured 54,000 door knobs during September. What is the flexible-budget amount for fixed overhead
|
|
What the value at the end of the third year
: An account that pays 10%, compounded semi-annually. What will be the future value of these payments, that is, the value at the end of the third year?
|
|
What is the number of outstanding shares for each class
: What is the number of outstanding shares for each class of share? Treasury shares - ordinary, P55 cost per share 275,000. Retained earnings 250,000
|
|
What other precautions do you use to prevent virus
: If the maker of antivirus software wants to be successful, the software has to be as close to bulletproof as the maker can possibly make it. Nothing is perfect.
|
|
Accurate measure of the equilibrium price
: 1. Is the original ticket price necessarily an accurate measure of the equilibrium price? 2. Who are the winners and losers in scalping?
|
|
What the subscribed shares shall be issued in the name
: In cases when there is no bidder for a delinquent subscription, the subscribed shares shall be issued in the name of the corporation
|
|
Discuss the practice of poaching elephants
: Explain how the practice of poaching elephants is a negative externality?
|