The shareholders' equity of HUE Corporation on December 31 of the current year is shown below....

  

Transcribed Image Text:

The shareholders' equity of HUE Corporation on December 31 of the current year is shown below. Dividends are in arrears for two years. 6% Preference Share Capital, 100 par, 10,000 authorized, issued 6,000 shares 600,000 Ordinary Share Capital No-par, #25 stated value, authorized 20,000 shares; issued 10,000 shares of which 1,000 shares are in the treasury no-par Share Premium-Ordinary, Share Premium - Preference Accumulated Profits Appropriated for Plant Expansion Appropriated for Treasury Shares Treasury Shares-ordinary no-par, 1,000 sh. at cost Requirements: D. Compute for the book value per share for: 7. Compute for the outstanding shares 8. Compute the amount of the outstanding shares 9. Compute the excess over par 10. Compute for the book value per share 250,000 46,000 30,000 132,000 35,000 30,000 30,000 The shareholders' equity of HUE Corporation on December 31 of the current year is shown below. Dividends are in arrears for two years. 6% Preference Share Capital, 100 par, 10,000 authorized, issued 6,000 shares 600,000 Ordinary Share Capital No-par, #25 stated value, authorized 20,000 shares; issued 10,000 shares of which 1,000 shares are in the treasury no-par Share Premium-Ordinary, Share Premium - Preference Accumulated Profits Appropriated for Plant Expansion Appropriated for Treasury Shares Treasury Shares-ordinary no-par, 1,000 sh. at cost Requirements: D. Compute for the book value per share for: 7. Compute for the outstanding shares 8. Compute the amount of the outstanding shares 9. Compute the excess over par 10. Compute for the book value per share 250,000 46,000 30,000 132,000 35,000 30,000 30,000

Answer rating: 100% (QA)

Calculations 1 Outstanding Shares Preference Shares Authorized Shares Treasury Shares 6000 shares Or... View the full answer