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Required
1. Calculate A assuming an average issue price of $12 per share.
2. Calculate B assuming an average issue price of $60 per share.
3. Calculate C assuming the average issue price was $3.00 per share.
4. Calculate D.
5. Calculate E assuming that Rainchief Energy Inc. showed net incomes (losses) for the years ended October 31, 2011, 2012, 2013, and 2014, of $1,500,000, $1,050,000, $780,000, and $(1,320,000) respectively. Dividends totaling $720,000 were declared and paid during the year ended October 31, 2011. No other dividends have been declared to date.
6. Calculate F.
7. Calculate any dividends in arrears as at October 31, 2014 (all of the shares were issued early in2011).


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  • CreatedJanuary 08, 2015
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