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Can you help me with 12.20 ? Please Required Based on the transactions in Part A, prepare the balance Part B umlay Solar Lid. is
Can you help me with 12.20 ? Please
Required Based on the transactions in Part A, prepare the balance Part B umlay Solar Lid. is a growing company with a hot new marketing plan. On January 1, 2020, it had 127 650 Exercise 12-19 Book value per share LOG Shares outstanding, and it issued an additional 44,500 shares during the year. The company reported $3,222 g, common shareholders' equity in its annual report for 2020. The market value per share trading on the Base west Stock Exchange was $32.50 on February 1, 2021. Calculate the book value per share for 2020 and explain the difference between the book value per share and the market value per share. Exercise 12-20 Return on equity, book value per share LOG SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $389,050 in 2020 and $342,650 in 2019. 2020 2019 Equity and Liabilities Share capital-common (135,000 shares issued) ... $1,350,000 $1,350,000 Retained earnings (Note 1). 394,070 283,000 Accrued liabilities.. 9,430 6,010 Notes payable (current). 76,600 62,940 Accounts payable 62,630 175,450 Total equity and liabilities. $1,892,730 $1,877,400 Note 1: Cash dividends were paid at the rate of $1 per share in 2019 and $2 per share in 2020. Required 1. Calculate the return on common share equity for 2019 and 2020. (Assume total equity was $1,499,000 at December 31, 2018.) 2. Calculate the book value per shares for 2019 and 2020. PROBLEMS Problem 12-1A Corporate balance sheet preparation LO2 CHECK FIGURES: Total assets = $546,400; Total equity = $301,800 appropriate subtotals. 848 balance sheet for Sassy Pharmaceuticals Inc. as at March 31, 2020. Be sure to use proper form, including balance below , prepare a classifedStep by Step Solution
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