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Please answer asap! UPVOTE will be given! No long explanation needed.
GMA Corp. has 200,000 shares authorized and has the following information at the end of its first year of operation:
- Share Capital, ₱75 par value: ₱7,500,000
- Share Premium: ₱417,000
Accumulated Profits : ₱1,369,000
What was the issue price per share? Do not round-off intermediate computations (step calculations) but round-off final answer to nearest centavos (2 decimal places) if the final answer is not a whole number.
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- Please answer asap! UPVOTE will be given! No long explanation needed. GMA Corp. has 500,000 shares authorized and has the following information at the end of its first year of operation: Share Capital, ₱50 par value: ₱754,000 Subscribed Share Capital: ₱343,000 Subscription Receivable: ₱155,000 Share Premium: ₱85,000 How many shares have been issued?Consider the financial statements for the REIT given below. Assume that the net revenue includes a loss of $4,000,000 on an asset sale. This REIT has issued 1,000,000 shares. Similar REITs are trading at FFO multiples of 10x. What valuation (share price) does this information imply for the REIT? Net Revenue Less: Less: Interest expense Net income O 49.2 O 129.2 O 95.2 89.2 Operating expenses Depreciation and amortization Income from operations $20,000,000 9,800,000 4,400,000 5,800,000 $ 1,280,000 $ 4,520,000Please answer this problem and provide complete solution in good accounting form. Thank you! Victory Company issued 8,000 ordinary shares with P200 par value and 20,000 preference shares with P200 par value for a total consideration of P7,500,000. At the date of issue, the ordinary share was selling for P360 and the preference share was selling for P270. What is the share premium from the issuance of ordinary shares?
- American Health Systems has 5,600,000 shares of stock outstanding and will report earnings of $17 million in the current year. The company is considering the issuance of 1,300,000 additional shares, which can only be issued at $21 per share. a. Assume that American Health Systems can earn 4 percent on the proceeds. Calculate earnings per share. (Do not round intermediate calculations and round your answer to 2 decimal places.) Earnings per share b. Should the new issue be undertaken based on earnings per share? O Yes O No 10 B Next >Sunland Tire Co. just paid an annual dividend of $1.20 on its common shares. If Sunland is expected to increase its annual dividend by 4.10 percent per year into the foreseeable future and the current price of Sunland's common shares is $18.32, what is the cost of common stock for Sunland? (Round intermediate calculations to 4 decimal places, e.g. 0.1555 and final answer to 2 decimal places, e.g. 15.25%.) Cost of common stock Touthook and Modia %Winston Sporting Goods is considering a public offering of common stock. Its investment banker has informed the company that the retail price will be $19.55 per share for 580,000 shares. The company will receive $17.90 per share and will incur $165,000 in registration, accounting, and printing fees. a-1. What is the spread on this issue in percentage terms? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Spread a-2. What are the total expenses of the issue as a percentage of total value (at retail)? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expenditure percentage % b. If the firm wanted to net $20.42 million from this issue, how many shares must be sold? (Do not round intermediate calculations. Enter your answer rounded to the nearest whole number.) Shares
- Please answer asap! UPVOTE will be given! No long explanation needed. GMA Corp. received a charter authorizing 120,000 ordinary shares at ₱15 par value per share. During the first year of operations, 21,000 shares were issued at ₱25 per share and 600 shares were issued in exchange for equipment with a fair value of ₱21,600. How much is the balance of the Share Premium account?BFAR Corp. has 200,000 shares authorized and has the following information at the end of its first year of operation: Share Capital, P75 par value: P7,500,000 • Share Premium: $405,000 . Accumulated Profits: P1,234,000 ● What was the issue price per share? Do not round-off intermediate computations (step calculations) but round-off final answer to nearest centavos (2 decimal places) if the final answer is not a whole number.Please answer asap! UPVOTE will be given! No long explanation needed. BFAR Corp. was authorized to issue 300,000 ₱7 par value ordinary shares. It received subscriptions for 55,000 ordinary shares at ₱9 per share and collected half of this subscription. How much is the balance of the Subscribed Share Capital account?
- American Health Systems currently has 6,200,000 shares of stock outstanding and will report earnings of $22 million in the current year. The company is considering the issuance of 1,900,000 additional shares, which can only be issued at $16 per share. a. Assume that American Health Systems can earn 9 percent on the proceeds. Calculate earnings per share. Note: Do not round intermediate calculations and round your answer to 2 decimal places. Earnings per share b. Should the new issue be undertaken based on earnings per share? Yes O NoStockton Mineral Operations (SMO) currently has 310,000 shares of stock outstanding that sell for $94 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if: Note: Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32. SMO has a five-for-three stock split. SMO has a 11 percent stock dividend. SMO has a 39.0 percent stock dividend. SMO has a four-for-seven reverse stock split.Bermuda Triangle Corporation (BTC) currently has 370,000 shares of stock outstanding that sell for $100 per share. Assume no market Imperfections or tax effects exist. Determine the share price and new number of shares outstanding if: (Do not round intermediate calculatlons. Round your prlce per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) a. BTC has a five-for-three stock split. b. BTC has a 12 percent stock dividend. c. BTC has a 38.0 percent stock dividend. d. BTC has a four-for-seven reverse stock split. a. Price per share Shares outstanding b. Price per share Shares outstanding c. Price per share Shares outstanding d. Price per share Shares outstanding
