1. The authorized equity of firm GISLAR is 200.000 shares. The book value of equity in...
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1. The authorized equity of firm GISLAR is 200.000 shares. The book value of equity in the accounts of the firm is composed of the following items: Common shares (nominal value 0,25€ per share) Premiums for previous issues Retained earnings Ownership interests Own shares (15.000 shares) Net value of ownership interests 30.000€ 150.000€ 10.000€ 190.000€ 5.000€ 185.000€ a. How many shares has the firm issued so far? b.How many shares are there in the market? c.How many more shares can the firm issue without authorization from its shareholders? d. What is the market value of a share if we know that its market value is the double of its book value? e. If GISLAR issues 40.000 more at an issuing price of 0,5 € per share what would change in the ownership interests accounts? 1. The authorized equity of firm GISLAR is 200.000 shares. The book value of equity in the accounts of the firm is composed of the following items: Common shares (nominal value 0,25€ per share) Premiums for previous issues Retained earnings Ownership interests Own shares (15.000 shares) Net value of ownership interests 30.000€ 150.000€ 10.000€ 190.000€ 5.000€ 185.000€ a. How many shares has the firm issued so far? b.How many shares are there in the market? c.How many more shares can the firm issue without authorization from its shareholders? d. What is the market value of a share if we know that its market value is the double of its book value? e. If GISLAR issues 40.000 more at an issuing price of 0,5 € per share what would change in the ownership interests accounts?
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a How many shares has the firm issued so far To calculate the number of shares issued we need to con... View the full answer
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Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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