User Account

All Pages

What the amount credited to share warrants outstanding

Assignment Help Accounting Basics
Reference no: EM133187010

Question - On March 2, 2022, Gumamela Corporation issued 4,000 shares of 6% cumulative P100 par value preference share for P440,000.  Each share carried one non-detachable warrant which entitled the holder to acquire at P17, one share of Gumamela P10 par ordinary share. On March 2, 2021, the market price of the preference share (without warrants) was P104 per share and the market price of the share warrants was P5 per warrant. What the amount credited to share warrants outstanding by Gumamela on the issuance of the share?

Reference no: EM133187010

Questions Cloud

Compare the expected change of min salary : The current min gross salary of the security is $1400 in 2021. Compare the expected change of min salary and discuss on trends
What is the net asset amount : What is the net asset amount (includes investment and related market adjustments) attributable to the investment Hailey Corp that will be included
What corrections should be made to the trial balance : Correcting the Trial Balance: A credit to Utilities Payable for $2,000. What corrections, if any, should be made to the trial balance
Who does protectionism protect : 1. Who does protectionism protect? From what does it protect them? 2. Name and define three policy tools for enacting protectionism.
What the amount credited to share warrants outstanding : On March 2, 2022, Gumamela Corporation issued 4,000 shares of 6% cumulative P100 par value. What the amount credited to share warrants outstanding
Determine the cost of the inventory : If Wrecking Ball uses a periodic inventory system, determine the cost of the inventory using first-in, first-out cost flow assumption at January 31, 2022
Organisation and project background of nash plant hire : Organisation and Project Background of Nash Plant Hire. Nash Plant Hire is nash plant and equipment hire. Write it to be in 3rd person
What is the profit or loss for the producer in aud : The current price of cherries is USD $38 PER TONNE and the AUD/USD exchange rate us 0.7800. What is the profit or loss for the producer in AUD
Prescribe accounting treatment for this type of expenditure : On 1 January 2019, the company acquired a new plant costing £10 million. Prescribe accounting treatment for this type of expenditure

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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