A corporation is being organized with an authorize share capital of P40,000. How much of this P40,000 should be subscribed and how much must be actually paid?
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Q: A corporation is being formed with a P40, 000 authorized share capital. How much of the P40, 000…
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- A corporation is being organized with an authorize share capital of P40,000. How much of this P40,000 should be subscribed and how much must be actually paid? a. P 10,000; P 2,500 b. P 15,000; P 5,000 c. P 10,000 ; P 5,000 d. P 15,000; P 2,500 If a corporation reissued at P200 per share 100 shares of treasury stock that it had previously acquired for P280 per share and there wasn’t any Share Premium – Treasury, it would debit a. Loss on sale of treasury stock for P 8,000 b. Share Premium – Ordinary for P 8,000 c. Retained earnings for P 8,000 d. Treasury stock for P 8,000A, B, C, D and E is organizing a corporation whose Authorized Capital Stock is 64,000 with par value of P50. How much is the minimum paid-up capital requirement under the Revised Corporation Code for the corporation to incorporate?4. Assume that the entity is a medium-size and the company policy is to account this type of investment at fair market value, how much investment income should be reported by Jessa Company for 2021? Chevy Company owns 50% of another entity’s preference share capital and 40% of its ordinary share capital. The investee’s share capital outstanding at December 31, 2021 include P5,000,000 of 10% cumulative preference share capital and P10,000,000 of ordinary share capital. The investee reported net income of P6,000,000 for 2021. No dividend was declared for both preference and ordinary share in 2021
- You are given the financial information for the Unic Company: Earnings Before Interest and Tax (EBIT) = $126.58 Corporate tax rate (TC) = 0.21 Debt (D) = $500 Unlevered cost of capital (RU) = 0.20 The cost of debt capital is 10 percent. Question: Determine the value of Unic Company equity? Determine the cost of equity capital for Unic Company? Determine the WACC for Unic Company?The company’s capital structure is as follows: Debt Weight 25%, Preferred Stock Weight 25%, Common equity Weight 50%. The cost of debt is 12%, the cost of preferred stock is 15% and the cost of common equity is 0.218. Calculate the company’s weighted average cost of capital. اخترأحد الخيارات a. 0.1390 b. All the given choices are not correct c. 0.1465 d. 0.0790 e. 0.1765Calculate the WACC for the Zodiac Company given the following information about its capital structure. Capital Component Value Cost Debt $ 60,000 9% (after tax) Preferred stock $50,000 11% Common stock $90,000 14% Total Capital $200,000
- The company’s capital structure is as follows: Debt Weight 25%, Preferred Stock Weight 25%, Common equity Weight 50%. The cost of debt is 12%, the cost of preferred stock is 15% and the cost of common equity is 0.216. Calculate the company’s weighted average cost of capital. Select one: a. All the given choices are not correct b. 0.0780 c. 0.1380 d. 0.1455 e. 0.1755Yale Corporation has a value of operations equal to P2,100, short-term investments of P100, debt of P200, and 100 shares of stock. QUESTIONS:a. What is Yale's estimated intrinsic stock price? b. If Yale's converts its short-term investments to cash and pays a total of P100 in dividends, what is the resulting estimated intrinsic stock price? c. If Yale converts its short-term investments to cash and repurchases P100 of its stock, what is the resulting estimated intrinsic stock price and how many shares remain outstanding?After the business combination on the basis of full-goodwill approach, what amount of stockholders' equity will be reported? a. P355,000 b. P397,000 c. P419,500 d. P495,000
- Magbarkada Corporation hire promoters to procure subscriptions for the corporation. As per Articles of Incorporation the corporation has an authorized share capital of P60,000. How much shares should be subscribed and actually paid as per SEC requirement? Amount Subscribed Amount Paid a. P 15,000 P 5,000 b. P 30,000 P 6,000 c. P 15,000 P 3,750 d. P 12,000 P 3,000ABC Company provided the following information on December 31, 2020Share capital 5,000,000Subscribed share capital 3,000,000Subscription receivable 2,000,000Share premium 1,500,000Treasury Shares, at cost 700,000Retained Earnings 1,000,000Cumulative unrealized gain on Financial Asset at FVOCI 600,000What is the contributed capital on December 31, 2020?The capital structure of Bulldogs Inc. is comprised of 50% ordinary stock, 25% preferred stock, and 25% long-term debt. The company’s cost of ordinary stock and cost of preferred stock is the same at 10%. The company’s cost of long-term debt is 5% before the effect of tax shield. What is the company’s weighted average cost of capital? Assume that the tax rate is 40%. a. 7.75% b. 8.75% c. 6.25% d. 8.25%