Company X has issued a total of 1000 shares as of 2020.1.30, comprising 700 common shares, 100
Question:
Company X has issued a total of 1000 shares as of 2020.1.30, comprising 700 common shares, 100 non-debt preferred shares and 200 redeemable preferred shares.
1. What is the capital of this company?(the reason and calculation process together)
Company X repaid redeemable preferred shares in cash on March 1 and merged the shares 2:1 on April 1.
2. What is the capital as of April 2? ( the reason and calculatuon process together)
Company C carried out a paid-in capitsl increase wirh the payment deadline of April 15. A took over 60 shares by subscription to the same paid-in capital increase, and transferred 60 shares that were acquires to B on April 14 due to the urgent need for money.
3. After the settlement of accounts in 2020, who will receive the dividends?
Expert Answer:
Answer 1 Capital of the company X as on 20200130 Note assuming the par value or ... View the full answer
