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answer for problem 4,5,6 please thank you Problem 4 Share capital - ordinary only, par value par P10 Net income in 2019-P750,000 Changes in ordinary
answer for problem 4,5,6 please thank you
Problem 4 Share capital - ordinary only, par value par P10 Net income in 2019-P750,000 Changes in ordinary shareholdings during the year. Date Changes January 1 Balance at the beginning May 1 Issued additional shares for cash August 1 Issued additional shares for cash October 1 Acquired treasury shares December 31 Balance at the end How much was the earnings per share in 2019? Outstanding shares 100,000 120,000 90,000 (15,000) 295,000 Problem 5. Stockholders' equity, 2019 - P900,000 Shares outstanding- 10,000 common shares How much was the book value per share in 2019? Problem 6. P 50,000 Equity section of the Statement of Financial Position: Preference shares, 6%, P50 par, 1,000 shares authorized, 1,000 shares issued Ordinary shares, 3,000 shares, par P100 Issued 2,000 shares x P100 Paid-in capital in excess of par - ordinary shares Retained earnings Treasury shares - ordinary, 20 shares at cost Total equity The book value per preference share in 2019? The book value per ordinary share in 2019? 200,000 40,000 460.000 ( 25.000 P625,000Step by Step Solution
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