Entity A has 200,000 ordinary shares outstanding on January 1, 20x1. Entity A offers rights issue to its existing shareholders that enable them to acquire 1 ordinary share at a subscription price of P120 for every 5 rights held. The rights are exercised on May 1, 20x1. The market price of one ordinary share immediately before exercise is P180. Entity A reported profit after tax of P2,700,000 in 20x1. What is the basic earnings per share in 20x1? * O 12.58 O 12.67 O 11.71 O 11.67

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Q: XYZ Co had the following accounts at the time it was acquired by ABC Inc (see image below). ABC paid...

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Q: Andres is an operator of taxi cabs. During a particular month, he purchased from Toyota, a VAT regis...

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Q: XYZ Co had the following accounts at the time it was acquired by ABC Inc (see image below). ABC paid...

A:

Q: On December 1, 2021, ABC Company acquired all the assets and liabilities of XYZ Inc. issuing 100,000...

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Q: How does Declan's Designs' Bank Loan impact its 2022 Statement of Cash Flows?   Question 27 options...

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A:

Q: Which sections of an annual report do IFRSs apply to? a) Management report b) Financial statements c...

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Q: 1

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Q: On January 1, 2021, ABC Co. acquired all of the identifiable assets and assumed all of the liabiliti...

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Q: How does Accounts Receivable impact Declan's Designs 2022 Statement of Cash Flows?   Question 19 op...

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A: Hi student Since there are multiple subparts, we will answer only first three subparts.

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A:

Q: Helen sold his personal residence for $900,000 after owning it for 3 months. His basis in the house ...

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Q: On January 1, 2021, ABC Co. acquired all of the identifiable assets and assumed all of the liabiliti...

A: Goodwill =  Consideration paid -  fair value assets + fair value of liabilities.

Q: XYZ Co had the following accounts at the time it was acquired by ABC Inc (see image below). ABC paid...

A: Cost of acquisition means total expenses incurred by entity to purchase new entity or assets. Here  ...

Q: On January 1, 2021, ABC Co. acquired all of the identifiable assets and assumed all of the liabiliti...

A: SOLUTION GOODWILL IS AN INTANGIBLE ASSETS THAT IS ASSOCIATED WITH THE PURCHASE OF ONE BY ANOTHER.