Reference no: EM132840994
LUNA Co. has the following information related to its accounts as of December 31, 2014:
Ordinary share capital, P100 par value P1,000,000
Preference share capital, P60 stated 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 issued and outstanding shares for ordinary and preference share respectively?
Problem 2: How much is the Legal Capital?
Problem 3: How much is the contributed capital?
Problem 4: Stock's holder equity balance at December 31,2015 is?
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