The statement of financial position for Jimenez Inc. shows the following; total equity $810,000, ordinary shares issued

Question:

The statement of financial position for Jimenez Inc. shows the following; total equity $810,000, ordinary shares issued 44,000 shares, and ordinary shares outstanding 40,000 shares. Compute the book value per share.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial accounting

ISBN: 978-1118285909

IFRS Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

See More Books

Question Posted: Mar 11, 2013 06:35 AM

See More Questions

The statement of financial position for Cool Air Ltd. as at the end of 2010 and its trial balance as at the end of 2011 follow: COOL AIR LTD. Statement of Financial Position December 31, 2010 COOL...
The statement of financial position for Paragon Corporation at November 30, 2009, the end of its current fiscal year, follows. The market price of the companys common stock was $4 per share on...
The statement of financial position for Diaz Company includes the following accounts: Accounts Receivable .... 12,500; Prepaid Insurance ...... 3,600; Cash ........... 15,400; Supplies .............
What is a derivative contract? Give an example. How are derivatives related to risk management?
Amanda would like to organize BAL as either an LLC (taxed as a sole proprietorship) or a C corporation. In either form, the entity is expected to generate an 8 percent annual before-tax return on a...
Given the formulation of the free boundary problem for the valuation of an American Put option, \[\begin{aligned}& \frac{\partial P}{\partial t}+\frac{1}{2} \sigma^{2} S^{2} \frac{\partial^{2}...
Avery, Inc., is a wholesale distributor supplying a wide range of moderately priced sporting equipment to large chain stores. About 60 percent of Averys products are purchased from other companies,...
4. Istanbul Municipality wants to know if a Flood Control Project is economically feasible. Annual Benefits $1,200,000; Annual Disbenefits $ 200,000; Initial Cost of the Project= $3,000,000 Annual...
Syllabi-Induced Tastes over Exam Grades: Suppose you are taking two classes, economics and physics. In both classes, only two exams are given during the semester. A: Since economists are nice people,...
The balance in retained earnings on January 1, 2011, for Ola Smith Inc, was $800,000. During the year, the corporation paid cash dividends of $90,000 and distributed a share dividend of $8,000. In...
Hiatt Corporations statement of financial position at December 31, 2010, is presented below. During 2011, the following transactions occurred. 1. On January 1.2011, Hiatt issued 1,500 shares of 20...
How does grade differ from structure in a grinding wheel?
The volume of a sample of gas is measured as 3778.3 cm. Convert the volume to cubic meters. 3778.3 cm = 3 m
Aluminum (Al) is melted at 661 C. This melting process is considered as reversible process or equilibrium melting. During melting, 10700 joules per mole of heat (heat of fusion) is absorbed. Note...
The function f is defined as f(x) = x2 + 5x +6 2x + 7x + 3 (a) State the value(s) of x for which f is not continuous. (b) Evaluate lim f(x). Justify your answer. x-3 (c) State the equation(s) for the...
27 28 29 1/1/2027 1/1/2028 1/1/2029 After you have done the above plot, consider the more practical case: the future interest rate is hard to predict and may fluctuate between 0.05 and 0.15. Case 4:...
12 2345676 13 14 15 16 17 18 (Question 7) A 1 Growth rate 2 Discount rate 3 Cast 4 Year 1 cash flow 5 6 7 89 10 11 12 1341516716 19 20 540Mid.xls 6 NPV 18 7 IRR Discount rate B 10% 15%. $500 0 $100 0...
What might be the attraction of this form of loan capital from the point of view of the target businesss shareholders?
Starr Co. had sales revenue of $540,000 in 2014. Other items recorded during the year were: Cost of goods sold ..................................................... $330,000 Salaries and wages...
What are the major functions performed by the OE/S process? Explain each function.
The bookkeeper for Bradbury Company asks you to prepare the following accrued adjusting entries at December 31. 1. Interest on notes payable of $400 is accrued. 2. Services performed but not recorded...
The trial balance of Yewlett Company includes the following balance sheet accounts, which may require adjustment. For each account that requires adjustment, indicate (a) The type of adjusting entry...
Partial adjusted trial balance data for Parsons Company is presented in BE3-9. In BE3-9, The adjusted trial balance of Parsons Company at December 31, 2014, includes the following accounts: Owners...
E3-20 (Algo) Analyzing, Recording, and Evaluating the Effects of Income Statement Transactions [LO 3-3, LO 3-4, LO 3-5] [The following information applies to the questions displayed below.] MyBnB...
Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department at Ash Company....
Question 1 Vieux Enterprise's total overhead costs at various levels of activity follow: Month Machine- Hours Total Overhead Costs April 70,000 $198,000 May 100,000 270,000 June 80,000 222,000 July...

The statement of financial position for Jimenez Inc. shows the following; total equity $810,000, ordinary shares issued

Question:

Step by Step Answer:

Given data Total equity 81000 Ordinary shares ...View the full answer

Financial accounting

Students also viewed these Accounting questions