O 1 75% AT&T LTE 11:52 AM Exit 21 Diagonal 3. A rights offering that gives existing target shareholders the right to buy shares in either the target or the acquirer at a deeply discounted price once certain conditions are met is called a: Poison pill White knight Golden parachute Classified board 4. Conglomerate Inc. is trading at $80/share,
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- 4. An entity showed the following data:Share capital, par value P50 5,000,000Share premium 200,000Retained Earnings 2,000,000Market value of share on declaration date 75Market value of share on distribution date 85Treat each item independently: e. If the entity would declare a 2 for 1 share split, How much would be the new par value?Barnum Company stock sells at P70 a share with rights on. The subscription price is P55. Four rights are needed to purchase a new share of stock. What is the value of each right? A. P1.00B. P2.00C. P3.00D. P4.00E. None of the above1. Avalanche Inc. revealed the following information for the year ended December 31. 2021 Preference share. P100 par-P2.4 million; Share premium, preference - P700,000; Ordinary share, P15 par-P3.5 million, Share premium, ordinary-P1.5 million. Subscribed ordinary share - P100,000, Retained earnings - P2 million, Subscription receivable, ordinary - P20,000 How much is the legal capital? A.P6 million B.PB 1 million CP5.9 million D.P8 2 million 2.At the beginning of 2021, DAI Corp. was organized with authorized capital of 200,000, P500 par value shares. The following transactions transpired during its first year of business. February 4- Issued 15.000 shares at P510 per share April 10- Issued 3,000 shares for services received (FMV of the services is P1.7 million). October 23-Issued 5,000 shares in exchange for a land (FMV) the land is P3 million) What amount should be reported as share premium? A.11.500.000 B. 23.000 C.850.000 D.12.350.000 3. At the beginning of 2021, DAI Corp. was…
- 4. An entity showed the following data:Share capital, par value P50 5,000,000Share premium 200,000Retained Earnings 2,000,000Market value of share on declaration date 75Market value of share on distribution date 85Treat each item independently: c. How much would be the total shareholders’ equity after a 10% share dividend declaration? d. If the entity would declare a 1 for 5 share split, What would be the balance of retained earnings?For number 16, which one is correct for my answer? Answer A: Amount received (4,000 x P225 x 25%) P225,000 at par value (4,000 x P200 x 25%) P200,000 Share premium P25,000 only those which are paid, are recognized. Answer B: Issue price (4,000 x 225) 900,000 Preference share capital (4,000 x 200) 800,000 Share premium (APIC) 100,000 Please explain to me which one is the correct answer.4. An entity showed the following data:Share capital, par value P50 5,000,000Share premium 200,000Retained Earnings 2,000,000Market value of share on declaration date 75Market value of share on distribution date 85Treat each item independently: a. If the entity would declare a 1 for 5 share dividend, what amount would be charged to retained earnings? b. What amount will be credited to share premium if the entity would declare 15% share dividend?
- 9.3 YZA Ltd (all equity financed) has 24,000 £1 NV shares in issue; market capitalisation was £96000 when a 3:8 bonus issue was struck; The post bonus issue share price is nearest;5. Assuming that on July 1, 2020, Kangaroo Company purchased its own share atP10.00. How much is the book value per share for the year 2020?6. Assuming that there is a cumulative and participating preference share, how thiswill affect the book value per share computation? Explain briefly. PROVIDE A SOLUTION AND NO PLAGIARISM THANK YOU!11. The following data of Slapshock Corporation as of December 31, 2019 showed the following: Preference share capital, P 100 par P 820,000; Ordinary share capital, P 30 par, 300,000 shares authorized, 100,000 shares issued and outstanding P3,000,000; Preference share premium P410,000; Ordinary share premium P3,300,000. What was the original issue price per share of preference share capital? Using data in no. 11, what was the original issue price per share of ordinary share capital? Using data in no. 11, how many shares of preference share capital were issued and outstanding as of December 31, 2019?
- Answer and compute with explanation X Company issued 1,000 of its ordinary shares with P10 par for an equipment with book value of P11,000 and market value of P12,000. X's ordinary share was selling at P15 per share at the date of issuance. The amount to be credited to share premium should be a. P1,000. b. P2,000 C: P5,000. d. P-0-.PQR SAOG Company has in issue 600,000 OMR 1 equity shares with a current market value of RO 5 each. It offers a rights issue of 5 for 20 shares at an offer price of RO 3. Assuming that if 80% of the offer is taken by the shareholders, how many numbers of right shares will be issued by the company? a. 360,000 b. 120,000 c. 450,000 d. 150,00ABC Co. ‘s shareholders’ equity on December 31,2020 are as follows: 7%preference shares P100 par P3,000,000; Ordinary share capital, 50,000shares P1,500,000; Donated capital P500,000; Accumulated profitsP4,500,000. All preference dividends have been fully paid. If preferenceshares have total liquidation value of P3,200,000, how much is the bookvalue per ordinary share? A. P125.80B. P126.00C. P130D. P300E. answer not given