The Bolt Corporation has an authorized capital stock of 200,000 shares at P25 par value. Capital stock is P3,125,000, Subscribed capital stock is P375,000, and treasury stock is 500 shares at P17,500. The outstanding shares will be ?
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- Integrity Company, a newly formed company, had the following shares issued and outstanding as of April 1, 2022: Ordinary share, P20 par (20,000 shares originally issued for P60 per share) Preference share, P50 par (6,000 shares originally issued for P100 per share) How much is the Ordinary Share Capital, Preference Share Capital, and Share Premium, respectively? a. P400,000; P300,000; and P1,100,000 b. P1,200,000; P300,000; and P300,000 c. P400,000; P600,000; and P800,000 d. P1,200,000; P600,000; and P0The total stockholders' equity of Honest Corporation is P748,125 on December 31, 2020, with total 50,000 shares issued. The authorized capital stock is P1,000,000 at P10 par value and there are 2,500 treasury shares. What is the book value per share?3. How many ordinary shares are issued and outstanding respectively as of December 31, 2021? * The capital structure of THOR Company on December 31, 2020, is as follows: 12% Preference shares, P200 par, 15,000 shares issued and outstanding - P3,000,000 Ordinary shares, P30 par, 250,000 shares issued and outstanding - 97,500,000 Share premium, preference – P900,000 Share premium, ordinary – P750,000 Retained earnings - P2,100,000 The following selected transactions relating to shareholders' equity were noted in 2021: a. Purchased and retired 2,000 preference shares at P280 each Purchased 30,000 of its own ordinary shares at P35 per share Reissued 5,000 treasury shares at P38 per share. d. Shareholders donated to the company 20,000 ordinary shares when the market price is P36 per share. b. C. е. One-half of the donated shares were issued for P39 each. f. Profit for 2021 was P1,850,000 The BOD declared and paid the regular annual dividend on the preference shares and P1.50 dividend per…
- The NiceWay Corporation's statement of financial position shows the total stockholders' equity of P5,000,000 as of December 31, 2019. Required: Compute the book value per share of each class of share capital under each of the following independent assumptions: 1. The company has only one class of shares outstanding: 200,000 ordinary shares, par value P15. 2. The company has two classes of shares outstanding: 10,000 shares of P100 par preference share capital with liquidation value of P120 per share and 100,000 shares of P15 par ordinary share capital.The following data is available for Crane Corporation at December 31, 2025: Common stock, par $10 (authorized 31500 shares) $283500 Treasury stock (at cost $15 per share) $1080 Based on the data, how many shares of common stock are issued? O 28278. O 31428. O 31500. O 28350.A corporation has the following account balances: Common stock, $1 par value, $42000; Paid-in Capital in Excess of Par, $730000. Based on this information, the O number of shares outstanding is 772000. O legal capital is $772000. O number of shares issued is 42000. O average price per share issued is $6.96.
- For the next two (2) questions: The following account balances relate to the stockholders' equity accounts of JKL Corporation at year-end: 2022 2021 Common stock, 16,000 and 14,000 shares, respectively, for 2022 and 2021 (P1 par value) Additional paid-in capital - Common P160,000 P140,000 180,000 210,000 Preferred stock, 6,500 and 5,000 shares, respectively, for 2022 and 2021 (P5 par value) 32,500 25,000 Additional paid-in capital - Preferred 80,000 50,000 25,000 30,000 Additional paid-in capital - Treasury Retained earnings 300,000 260,000 Treasury stock 30,000 62,000 In 2022, the following equity transactions occurred: Preferred stocks were issued for cash. A small stock dividend on common stock was declared and issued. Cash dividends of P25,000 were declared and paid. Treasury stock was also reissued for P10,000. 5. How much is the net income or net loss in 2022? (Indicate if net income or net loss) 6. The net cash flow to be included in the financing activities section of the…A corporation has the following account balances: Common Stock. $1 par value, $80000; Paid-in Capital in Excess of Par Value, $2710000. Based on this information, the O average price per share issued is $3.49. O number of shares issued is 80000 O number of shares outstanding is 2790000. O legal capital is $2790000.Total Stockholders' Equity of P200,000 should be Treasury Shares, 1,000 shares
- If West Corporation has 80,000 ordinary shares authorized, has 50,000 ordinary shares issued, and holds 4,000 ordinary shares as treasury stock, the total number of outstanding shares of West Corporation amounts to?If Kiner Company issues 1,000 shares of P5 par value common stock for P70,000, the асcount O Common Stock will be credited for P5,000. Paid-in Capital in Excess of Par Value will be credited for P5,000. Paid-in Capital in Excess of Par Value will be credited for P70,000. Cash will be debited for P65,000.A Corporation has 6,000 shares of P100 par value Ordinary Share Capital and reacquires 1,000 shares at P100 as Treasury Shares. What is the balance of the Ordinary Share capital account after the purchase of Treasury Shares?