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LUNA Co. has the following information related to its accounts as of December 31, 2014: Ordinary share capital, P100 par value P1,000,000 Preference share capital,

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LUNA Co. has the following information related to its accounts as of December 31, 2014: Ordinary share capital, P100 par value P1,000,000 Preference share capital, P60 stated value 450,000 Share premium - ordinary 400,000 Share premium - preference 120,000 Retained earnings 250,000 Treasury shares - ordinary, P55 cost per share 275,000 What is the number of issued and outstanding shares for ordinary and preference share respectively? Answer pattern: 10,000 shares and 20,000 shares LUNA Co. has the following information related to its accounts as of December 31, 2014: Ordinary share capital, P100 par value P1,000,000 Preference share capital, P60 stated value 450.000 Share premium - ordinary 400.000 Share premium - preference 120,000 Retained earnings 250,000 Treasury shares - ordinary, P55 cost per share 275,000 How much is the Legal Capital? Answer pattern: 1,000,000 LUNA Co. has the following information related to its accounts as of December 31, 2014: Ordinary share capital, P100 par value P1,000,000 Preference share capital, P60 stated value 450,000 Share premium - ordinary 400,000 Share premium - preference 120,000 Retained earnings 250,000 Treasury shares - ordinary, P55 cost per share 275.000 How much is the contributed capital? Answer pattern: 1,000,000

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