The Shareholder's Equity Section of Joey Company revealed the following information as of December 31, 2021:...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The Shareholder's Equity Section of Joey Company revealed the following information as of December 31, 2021: 5% Cumulative Preference Share, P100 par, 50,000 shares authorized shares issued 2,000,000.00 Ordinary Shares, P5 par, 100,000 shares authorized 25,000 shares issued ?? Share Premium - Ordinary 750,000.00 Retained Earnings 650,000.00 How many preference shares issued ? Question 12 2 pts Using the above question, How much is the total Issue Price of Preference Shares? Question 13 2 pts Using the question above, how much is the ordinary share capital? Question 14 2 pts Using the question above, what is the Total Issue Price of Ordinary Shares? 22, 3:17 AM Quiz: Quiz Midterms Part 2 Question 15 2 pts Using the question above, how much is the total shareholders equity? The Shareholder's Equity Section of Joey Company revealed the following information as of December 31, 2021: 5% Cumulative Preference Share, P100 par, 50,000 shares authorized shares issued 2,000,000.00 Ordinary Shares, P5 par, 100,000 shares authorized 25,000 shares issued ?? Share Premium - Ordinary 750,000.00 Retained Earnings 650,000.00 How many preference shares issued ? Question 12 2 pts Using the above question, How much is the total Issue Price of Preference Shares? Question 13 2 pts Using the question above, how much is the ordinary share capital? Question 14 2 pts Using the question above, what is the Total Issue Price of Ordinary Shares? 22, 3:17 AM Quiz: Quiz Midterms Part 2 Question 15 2 pts Using the question above, how much is the total shareholders equity?
Expert Answer:
Answer rating: 100% (QA)
Joey Company Answer 11 Amount P Note Value of Preference shares issu... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
Posted Date:
Students also viewed these accounting questions
-
Shaw Company revealed the following information for the years 2009 and 2010: Shaw Company Income Statement For the Year Ended December 31, 2010 Sales ..........$ 55,000 Cost of goods sold...
-
5. (20pts) What is the conversion factor for pressure from ki to MPa? Show work. Express as in the FE manual's units table, "Multiply ksi by (number) To Obtain (MPa)."
-
Jane spends all of her $200 weekly income on two goods, X and Y. Her utility function is given by U(X, Y)= 4XY, If the price of X = $8/ unit and the price of Y = $20 a unit, how much of Y should she...
-
Read the case study about Joy Jowie Inc and write a detailed paper about it
-
Describe three things you have learned about capitalism.
-
Indigo Books & Music Inc., operating under Indigo, Chapters, Coles, The World's Biggest Bookstore, Smith Books, The Book Company, and chapters.indigo.ca, has 245 stores across Canada. Through the...
-
The velocity profile for turbulent flow in circular pipes is often approximated by the \(1 / 7\) thpower law: \[\bar{v}_{z}=v_{\max }(1-r / R)^{1 / 7}\] Find an expression for the cross-sectionally...
-
Accounting for a main product and a byproduct. (Cheatham and Green, adapted) yum, Inc. is a producer of potato chips. A single production process at yum, Inc. yields potato chips as the main product...
-
A newly launched mortgage brokerage firm has established a customer service center. Prospective homebuyers are arriving at a rate of 200 per hour (following a Poisson Distribution), and their time...
-
1. If topaz is harder than quartz, then it will scratch quartz and also feldspar. Topaz is harder than quartz and it is also harder than calcite. Therefore, either topaz will scratch quartz or it...
-
Refer to the table. The unit sales of two brands (denoted by 1 and 2) have been summed up across several stores, whereas marketing activity variables are weighted averages across those stores. The...
-
Air Scrubbers A local paper manufacturing plant emits nitrogen oxide into the air and has decided to install air scrubbers to reduce the amount of pollution. Each scrubber costs $250,000 and the...
-
(4 marks) Bangladesh exports to the world have grown rapidly in recent years. However, its exports remain highly concentrated. Please take a look at the information provided in the Trading Economics...
-
Handy Leather, Inc., produces three sizes of sports gloves: small, medium, and large. A glove pattern is first stenciled onto leather in the Pattern Department. The stenciled patterns are then sent...
-
If an offeror retracts an offer before acceptance, termination by Muluple Choice O lapse of time revocation
-
Explain what is meant by block sampling. OA. A block sample is the selection of items without any conscious bias by the auditor. In such cases, the auditor selects population items without regard to...
-
Does a firm bear any ethical responsibility if the consumer of its product isn't the firm's envisioned consumer or isn't using the product as the firm intended? explain why, why not, and under what...
-
Global.asax is used for: a. declare application variables O b. all other answers are wrong O c. declare global variables O d. handle application events
-
Consider each of the following transactions separately from every other transaction: a. Issuance of 57,000 common shares at $13. b. Purchase of 1,800 treasury shares at $8 per share. c. Issuance of a...
-
Taipings owner thinks he manages his inventory quite well. However, his accountant advises him that the industry average of inventory turnover is 9 times. The following is the financial information...
-
The trial balance for BFF Systems, Inc. at March 15, 2013, follows: During the remainder of March, BFF Systems Inc. completed the following transactions: Mar 16 Collected $1,700 cash from a client on...
-
The following are summaries of the cash book and bank accounts of J. Duncan who does not keep his books using the double entry system. You are required to: (a) Calculate the value of J. Duncan's...
-
Read the following and answer the questions below. On 31 December 2015 the bank column of C. Tench's cash book showed a debit balance of 1,500. The monthly bank statement written up to 31 December...
-
The bank columns in the cash book for June 2016 and the bank statement for that month for D. Hogan are as follows: You are required to: () Write the cash book up to date to take the above into...
Study smarter with the SolutionInn App