The shareholders equity section of Cruz Corp. on December 31, 20x1 appeared as follows: 10% Preference share,
Fantastic news! We've Found the answer you've been seeking!
Question:
The shareholders equity section of Cruz Corp. on December 31, 20x1 appeared as follows: 10% Preference share, P50 par, 250,000 shares authorized, share issued ? Ordinary share, P20 par, 500,000 shares authorized, share issued and shares outstanding 2,000,000 Share premium - preference share 80,000 Share premium - ordinary 200,000 Retained earnings 2,500,000 Total Shareholders' Equity ?
How many ordinary shares are issued? What is the total issue price of ordinary share? What is the issue price per share of preference share?
Posted Date: