Question 2. What is the total contributed capital related to ordinary shares?

Question 3 and 4

PART IV - Problem solving. Encircle your final answers. Write your solutions on the spaces provided. (10 points) For items 1 and 2 Presented below is information related to BM Corporation: Share Capital-Ordinary, Pl par P4,300,000 Share premium-Ordinary 550,000 Share Capital-Preference 8 1/2%, P50 par 2,000,000 Share premium-Preference 400,000 Retained Earnings 1,500,000 Treasury Shares-Ordinary cat cost) 150,000 The total equity of BM Corporation is a. P8,600,000 b. P8,750,000 c. P7,100,000 d. P7,250,000 POLO PO O ne when BMC's stock was selling a s per share its equity accounts were as follows: P3,000,000 Share capital ordinary purvalu PS0, 60,000 shares issued) 600,000 Share ordinary 4,200,000 a r e dividend were declared and distributed, share capital ordinary would be PON PO PO d P7 000 2. BM, Inc., declared was declared consiste 200,000 shares On m y 1.2000 BM, Inc, declared a 10% ordinary share dividend when the fair value of the ordinary shares was P20 per share Equity before the share dividend was declared consisted of Slow capital ordinary, plo par value, authorized 200,000 shares, P1,200,000 issued and outstanding 120,000 shares 150,000 Share premium ordinary 700.000 Retained camins P2,050,000 Total equity What was the effect on BM's retained earnings as a result of the above transaction? # P120,000 decrease b P240.000 decrease P100,000 decrease d P200,000 decrease