What the book value per share on December

Assignment Help Accounting Basics
Reference no: EM132932127

Question - In December 31, 2020, BC Co. reported Total Assets and Total Liabilities at P4,500 and P3,150 respectively. If the stocks were traded at P17.00 per share which is higher from the prior year of P15.00 per share, and the P/E ratio is retained at 5 on December 31, 2021. Assuming no payments on liabilities were made during the year. What the book value per share on December 31, 2021, with 100 ordinary shares?

Reference no: EM132932127

Questions Cloud

What are business metrics : What Are Business Metrics? and Measuring Communication Effectiveness Across Diverse Backgrounds and Missions
Show which product should be produced and sold : Taking into consideration the constraints under which the company operates, show which product should be produced and sold.
What is the true cost to Duck : What is the true cost to Duck if it had to defer the $100,000 deduction for the performers until 2021? Assume a 5% discount rate and a 21% marginal tax
What is the total net effect of the errors on langley : What is the total net effect of the errors on Langley's 2015 net income? An insurance premium of $54,000 was prepaid in 2014 covering the years 2014, 2015.
What the book value per share on December : Assuming no payments on liabilities were made during the year. What the book value per share on December 31, 2021, with 100 ordinary shares
Evaluate how fast they are growing : Evaluate how fast they are growing - Use your Strategic-Planning Template to develop a Grand Strategy Matrix for Amazon company
What would be the consequences if managers of firm evaluated : What would be the consequences if managers of a firm evaluated a project based on its actual dollar cash flows, but used a real rate to discount the cash flows?
What is the worked hourly rate of pay : A technician gets 8 holidays (Walk-In Closed), 5 sick days and 10 vacation days. Assume all holidays are taken.What is the worked hourly rate of pay?
Apply the treasury method : Allow the holder to purchase stock at $20 per share. The average market price of the common stock during 2005 was $25 per share. Apply the treasury method.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Class of common stock

(A) The company has only one class of common stock with 20,000 shares outstanding. (B) The company has shares outstanding as follows: preferred 8% stock, $15 par, cumulative, 5,000 shares; common, $12 par, 20,000 shares. Only current year's prefer..

  Compute the fixed overhead budget and volume variances

Standard direct labour-hours allowed for the actual output - 13,600. Compute the fixed overhead budget and volume variances

  Caterpillar is the largest industry who makes

caterpillar is the largest industry who makes constructionequipment. company is interesting to build a new crain which

  Preparing the working paper to consolidate trial balances

the end of the accounting year, and you are preparing the working paper to consolidate the trial balances of Pearl and Shiek

  Give the journal entry on july to record payment

Goods costing $2,000 are purchased on account on July 15 with credit terms of 2/10, n/30. On July 18 a $200 credit memo is received from the supplier for damaged goods.

  What is the beta of the company

Assume a company uses only debt and retained earnings to finance its capital budget and uses CAPM to compute its cost of equity. Company estimates that WACC.

  What is the the projected ROE

Buchholz Corporation follows a moderate current asset investment, What is the difference in the projected ROEs between the restricted and relaxed policies?

  Compute depreciation expense under each method

Muggsy Bogues Company purchased equipment for $270,540 on October 1, 2014. It is estimated that the equipment will have a useful life of 8 years and a salvage.

  What is the ending inventory on January

The inventory records for Chase reflected the following information: Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31

  Usefulness of the income summary account

How would you assess the usefulness of the Income Summary account as it relates to the closing process?

  What is the firm level of current liabilities

Ace Industries has current assets equal to $6 million. The company's current ratio is 2.0, and quick ratio is 1.7. What is the firm level of current liabilities

  What was the South Sea Company

What was the South Sea Company? Was the South Sea Company successful? If yes, in what way? If no, why not? What became of the South Sea Company

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