Accounting grade 12 questions. Chapter for corporate accounting

Hussam buxywuuw ' nr "ir value (SUUzUUU "mw" "'muu" .?>-+,l it 5: 315 it in c ' n. . 3 "WHO . fi ' fl" ' 3 ' Common ggartb no ppar value, $4 cumulative (20,000 shares Inbugd) Mi WE)"; Preferred ares"- wv} in : . gt, AV ' v Retained Earnings m Instructions share, assuming the preferred dividends are mm fear! ' n (a) Calculate the book value per camino ) r) in arrears. (i e. the current year and one preVIous yea i , five years of diVidends in arrears. k value compare to the average price paid per common sha'm when th e L shares were issued? are; 314-9A Reitmans has the following selected accounts, listed in alphabetical order, as at Feb. "3- " 3, 2001: ' mary REITMANS (CANADA) LIMITED Selected Accounts February 3, 200I (in thousands) Accounts payable and accrued items 35,187 Accounts receivable 2,556 Accrued pension asset (long-term) 6,903 Accumulated amortization-capital assets 41,l36 Capital assets 127 172 Cash and short-term deposits 20'008 Class A nonvoting shares (unlimited authorized; 6,709,582 issued) 8,065 Cornmon shares (unlimited authorized; 1,680,000 issued) r487 DiVidends and other deductions from retained earnings li Future income taxes payable (long-term) 11381 Income taxes payable r-I' ' Investments > 3'124 Merchandise inventories 811399 Net income for the year 381481 Prepaid expenses 20'202 REtHREd earnings, January 29, 2000 8'836 . l85,236