please dont provide handwritten solution thank you 1Following is the Balance sheet of Jay Limited:LiabilitiesEquity Shares of Rs. 10 eachRetained Earnings}VESHUR6% Preference Share of Rs.10eachGeneral ReserveDebenture Redemption Fund5% DebenturesSundry CreditorsTotal LiabilitiesAmounRequired:Calculate value per share by using following1. Yield Method2. Net Assets Methodt300,000200000AssetsFixed AssetsAllowances forDepreciation21 1330390,000880,000200,000 Current assets5,000 Preliminary ExpensesUnwritten Off Discount25,00060,000Amount600,000(75,000)340,00010,0005,000Total AssetsCurrent Assets include investments of Rs.50,000 market price of which is Rs.90,000. Debtors included incurrent assets are doubtful to the extent of Rs.25,000 for which no provision has been made so far.Debenture interest owes for two years and preference dividends are in arrear for two years.Earnings before tax is Rs.280,000 and Tax rate is 35%. The normal rate of dividend is 20%.880,000

Valuation of shares for equity shareholders is done in many cases like at the time of liquidation,…

Following is the Balance sheet of Jay Limited: Liabilities Equity Shares of Rs. 10 each Retained Earnings -VEGAAN 6% Preference Share of Rs.10 each General Reserve Debenture Redemption Fund 5% Debentures Sundry Creditors Total Liabilities Amoun Required: Calculate value per share by using following 1. Yield Method 2. Net Assets Method t 300,000 200000 Assets Fixed Assets Allowances for Depreciation 200,000 5,000 Preliminary Expenses 25,000 Unwritten Off Discount 60,000 90,000 880,000 Current assets Amoun t 600,000 (75,000) 340,000 10,000 5,000 Total Assets Current Assets include investments of Rs.50,000 market price of which is Rs.90,000. Debtors included in current assets are doubtful to the extent of Rs.25,000 for which no provision has been made so far. Debenture interest owes for two years and preference dividends are in arrear for two years. Earnings before tax is Rs.280,000 and Tax rate is 35%. The normal rate of dividend is 20%. 880,000

Following is the Balance sheet of Jay Limited: Liabilities Equity Shares of Rs. 10 each Retained Earnings -VEGAAN 6% Preference Share of Rs.10 each General Reserve Debenture Redemption Fund 5% Debentures Sundry Creditors Total Liabilities Amoun Required: Calculate value per share by using following 1. Yield Method 2. Net Assets Method t 300,000 200000 Assets Fixed Assets Allowances for Depreciation 200,000 5,000 Preliminary Expenses 25,000 Unwritten Off Discount 60,000 90,000 880,000 Current assets Amoun t 600,000 (75,000) 340,000 10,000 5,000 Total Assets Current Assets include investments of Rs.50,000 market price of which is Rs.90,000. Debtors included in current assets are doubtful to the extent of Rs.25,000 for which no provision has been made so far. Debenture interest owes for two years and preference dividends are in arrear for two years. Earnings before tax is Rs.280,000 and Tax rate is 35%. The normal rate of dividend is 20%. 880,000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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