The shareholders’ equity of Nicko Corporation is presented below: 10% Preference Share, 2,000 shares outstanding P200,000 Ordinary Shares, 5,000 shares outstanding 100,000 100,000 Preference share premium 20,000 Ordinary share premium 25,000 Retained Earnings 45,000 Dividend declared for the year P100,000 What is the amount of dividend recieved by Preference Share if Non Cummulative and Non Participating ?

Q: Sabo Company reported the following shareholders’ equity at year end: 6% noncumulative preference…

A: The shares or units which provide ownership privilege to the holder are described as ordinary…

Q: Red Inc., has the following information: 9% Preference share, 2,000 shares outstanding P220,000;…

A: The company will need of capital to increase the wealth of the company, and to increase the revenues…

Q: Ericka Co. has the following share capital outstanding during 20x1 and 20x2 : Preference shares -…

A: Earning per share can be calculated by dividing total income after dividend by the number of shares…

Q: The shareholders' equity section of Hale Co. on December 31, 2018 showed the following: Ordinary…

A: The stock dividend is declared from the retained earnings of the business.

Q: The EASY Corporation has the following information relating to its share capital: • 10% Preference…

A: Earning per share tells for each share of company's stock how much money company makes. The…

Q: GHI Co. has the following shareholders’ equity accounts: 8% Preference Share, P10 par P200,000…

A: Dividend per share is computed as the total dividend paid divided by the number of shares…

Q: At December 31, 20x4 and 20x5 Maki Corporation had outstanding 30,000 shares of P100 par value 6%…

A: The preference shareholders have the priority to receive the dividend before any other type of…

Q: SCARLET Corporation has an authorized capital of 10,000 shares of $100 par, 8% cumulative preference…

A: Formula: Book value per ordinary share = Total Equity available to Ordinary shareholders / No. of…

Q: Kaido Company showed the following data: Share capital, par value P100, 50,000 shares issued…

A: A journal entry is the first step in chronicling financial transactions in the books of business…

Q: At the beginning of the current year, WELL Co. had 200,000 ordinary shares and 100,000, 4% par value…

A: Dividend to preference shares = 100,000 shares x P100 per share x 4% = P400,000 Calculation of…

Q: compute for the dividend per share for preference share (round off to two decimal places). *

A: Hi student Since there are multiple questions, we will answer only first question.

Q: following information appears in the books of Great Corporation: Share Capital, par P100 Subscribed…

A: Solution Entity declared the dividend on the shares outstanding and it excludes the treasury shares.…

Q: The shareholders’ equity of Seven Corporation is presented below: 10% Preference Share, 2,000…

A: Ordinary share is one of the kinds of share. These are usually the entity's decision makers as these…

Q: Shalom corporation’s current balance sheet reports the following shareholder’s equity: 5% cumulative…

A: Solution Working note  Calculation of Earning available to shareholders - Ordinary share  (Issued…

Q: SCARLET Corporation has an authorized capital of 10,000 shares of $100 par, 8% cumulative preference…

A: Formula: Book value per ordinary share = Total Equity available to Ordinary shareholders / No. of…

Q: Calculate the total Dividends AND the Dividends per share that the Preferred and Common Shareholders…

A: Preference Shares are shares that are given preference over and above equity shares. While…

Q: Red Inc., has the following information: 9% Preference share, 2,000 shares outstanding P220,000;…

A: Participating preference share are those share which in addition to their preferential return are…

Q: The shareholders’ equity of Ceda Corporation is presented below: 10% Preference Share, 2,000 shares…

A: Issue price is the value of share at which the same has been issued by the entity.

Q: GHI Co. has the following shareholders’ equity accounts: 8% Preference Share, P10 par P200,000…

A: Dividend per share is computed as the total dividend paid divided by the number of shares…

Q: SCARLET Corporation has an authorized capital of 10,000 shares of 100 par, 8% cumulative preference…

A: Formula: Book value per ordinary share = Total Equity available to Ordinary shareholders / No. of…

Q: The following is the abstract of the shareholders' equity of Shake Corporation before declaration of…

A: Working note: Computation of preference dividend per annum: Preference dividend per annum=Par value…

Q: Red Inc., has the following information: 9% Preference share, 2,000 shares outstanding P220,000;…

A: The question is related to calculation of dividend per ordinary shares. The total dividend declared…

Q: The shareholder’ equity of L Corp on Dec 31, 2021 follows:   10% Preference share capital P100…

A: Preference share capital is the capital which gets preference over the equity share capital in terms…

Q: PAPAYA Corporation is authorized to issue ₱1,000,000 share capital dividend into 10,000 shares with…

A: Corporation's asset increase by = No. of shares issued x issue price per share

Q: Metro Company provided the following data at year-end 12% Preference share capital, 20,000 shares,…

A: solution given Ordinary share capital 5,000,000 Number of ordinary share 50,000…

Q: Camille issued and outstanding share capital throughout the period consists of 500,000 ordinary…

A: After distributing the net income to the preference shareholders whatever has been left is divided…

Q: An entity provided the following shareholders' equity at year-end: Ordinary share capital, P100 par,…

A: GIVEN ÷ Ordinary share capital  P7200000                  ( 72000×100 each)  Retained earnings…

Q: Below is the shareholders" equity section of Nelson Company on December 31, 2014: Preference share,…

A: The book value of a share is used for analyzing the overvaluation and undervaluation of the stock.

Q: Mara Company provided the following data at year-end: Authorized share capital 5,000,000 Unissued…

A: Shareholders' equity in the balance sheet represents the amount which can be obtained by deducting…

Q: ABC company has the following data at year end: 10% noncumulative preference shares capital, P1,000…

A: The book value per share for preference dividend is calculated as sum of total par value and…

Q: Compute for the dividend per share for preference share.

A: Dividend for preference share is calculated by multiplying the dividend percentage with the face…

Q: The shareholder's equity of Cecille Corp. revealed the following on June 30, 2014: Preference share,…

A: • Legal Capital refers to the par value of the total capital subscribed by the investors and also…

Q: SCARLET Corporation has an authorized capital of 10,000 shares of 100 par, 8% cumulative preference…

A: Formula: Book value per ordinary share = Total Equity available to Ordinary shareholders / No. of…

Q: The shareholders' equity section of H Co. on December 31, 2018 showed the following: Ordinary share…

A: solution number of ordinary share for share dividends =(issued share – treasury share ) =(105000 –…

Q: Yankees, Inc. has 100,000 shares of P10 par value ordinary shares and 50,000 shares of P10 par…

A: Organization needs to pay the dividend on the preference shares before paying the dividends on the…

Q: CT, Inc. has 10,000 shares of 8% P50 par preference shares and 100,000 shares of P4par ordinary…

A: Annual preferred dividend = 10,000*50*8% Annual preferred dividend = 40,000

Q: The shareholder' equity of L Corp on Dec 31, 2021 follows: 10% Preference share capital P100 par,…

A: Issue of shares is one of the source of capital for the business. There can be common shares or…

Q: Emily Rose Company showed the following data: Preference share capital, par value P20, 100,000…

A: Shares: Shares are the units owned by company which are classified into two types, common shares or…

Q: The owners’ equity account for Rantuil Utilities Berhad are shown below: Common Share (RM2 par) -…

A: Share dividend is declared by the company out of its retained earnings. On declaration and issue of…

Q: Roma Company provided the following shareholders’ equity at year-end:Preference share capital, P100…

A:

Q: The following is the abstract of the shareholders' equity of Shake Corporation before declaration of…

A: Par value of preference shares = 30,000 shares x P80 = P2,400,000 Par value of equity shares =…

Q: Following is the shareholders' equity section of the balance sheet of the Optimum Corporation: Share…

A: The dividend is the return the shareholders get for bearing the risk by acting as equity…

Q: Olive Corporation has 75,000 outstanding shares of P5 par value ordinary share capital and 30,000…

A: Dividend - Dividend is the amount paid by the company to their shareholder's from the part of the…

Q: CFAS Company showed the following information from its shareholders' equity at year-end before the…

A: Accounting Entry to be made:     General Journal Debit Credit Common Stock (5100 shares * P125)…

Q: How much will be the total shareholders' equity from the following: 6% Preference shares, P50 par,…

A: The shareholder's equity includes the share capital issued to shareholders and retained earnings…

Q: The following is the abstract of the shareholders' equity of Shake Corporation before declaration of…

A: Preference shares (preferred stock) are company stock with dividends that are paid to shareholders…

Q: The following is the abstract of the shareholders' equity of Shake Corporation before declaration of…

A: Preference shares are share that is preferred above common stock in terms of obtaining dividends and…

Q: The following information appears in the books of G Corporation: Share Capital (par P200; authorized…

A: Shares entitled to receive dividend are those which are issued and outstanding.

Q: The stockholders' equity section of BVA Corporation: Preference share capital, cumulative, 10,000…

A: Dividend per share can be calculated by dividing preference dividend by a number of preference…