Please help me to solve this problem 1An investor purchases shares of the following corporation at the beginning of each year period. Dividends are paid at the end of each year and receive2 any shares are bought or sold.NEDAWN31011Date of Cash Flows12/31/201712/31/201812/31/201912/31/202012/31/202112/31/2022Price (per share)$85.00$90.00$95.00$80.00$115.00$125.00Dividend (per share)$1.96$1.96$2.04$2.04$2.24Shares Bought (Negative) or Sold (Positive)-125-2575-85016012 Required:13 Using the information in the tables above, please calculate the cash flows and the dollar-weighted rate of return for the above transactions.14(Use cells A5 to D10 from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displaye15 negative values. All other answers should be input and displayed as positive values.)16L▼iswor Date of Cash Flows12/31/201712/31/201812/31/201912/31/202012/31/202112/31/20224 Dollar-Weighted Rate of ReturnCash Flows

Dollar weighted rate of return refers to the return at which the discounted cashflows and inflows…

Answered: 5 7 An investor purchases shares of the…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 4MCQ

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Use the journal entry of George Weston Ltd's January 8, 2020, share issuance to answer these questions about the nature of the transaction 2020 Jan. 8 Cash Common Shares Capital To issue common shares at $50.00 per share (100.000 x $50 00) 5,000,000 5.000.000 1. If George Weston had sold the shares for $80, would the $30 (580-$50) be profit for George Weston? 2. Suppose the shares had been issued at different times and different prices. Will shares issued at higher prices have more nights than those issued at lower prices? Give the reason for your answer Requirement 1. If George Weston had sold the shares for $80, would the $30 ($80-$50) be profit for George Weston? The additional $30 per share would be allocated to It is and therefore, has !!! Ques
Home work question accounting intermediate 11 stock and bonds journal entry on jan 1 2020 Thompson had 2 equity investment # of shares owned 200 cost per share $17 mkt value per share 12/31/2019 $23 what is journal entry
Question2 Instructo Inc. showed the following shareholders' equity account balances at December 31, 2019: Common shares, unlimited authorized shares, 480,000 shares issued and outstanding Retained earnings $6,800,000 3,600,000 During 2020, the following selected transactions occurred: Repurchased and retired 200,000 common shares at $9.20 per share Repurchased and retired 125,000 common shares at $10.75 per share Issued 50,000 common shares at $12 per share Repurchased and retired 100,000 common shares at $20.00 per share Declared a 10% share dividend to shareholders of record on December 10, distributable December 20. The market prices of the shares on December 1, December 10, and December 20 were $7.50, $6.80, and $7.20 respectively. Apr. June 1 Aug Nov. Dec. 20 Distributed the share dividend declared December 1. 31 Closed the credit balance of $1,620,000 in the Income Summary account. Required: a. Journalize the transactions above. b. Prepare the shareholders' equity section at…
EXERCISE I| On October 31,2020, Red Ball Corporation declared dividends to its 100,000 ordinary shares payable in the form of Tivoli Company Ordinary. One share of Tivoli Company ordinary is distributable for each 10 shares of Red Ball Corporation ordinary. The dividends are distributable on February 28,2021.The market value of Tivoli Company ordinary was PI5 on October 31,2020 , P 17 on December 31,2020 and P 20 on February 28,2021. REQUIRED: Give the entries to record the foregoing, including any adjustment at December 31,2020.The Tivoli Company ordinary was carried in the books of Red Ball Corporation on October 31,2020 at P 14 per share. Red Ball classifies Tivoli ordinary shares ad financial assets at fair value through profit or loss.
ACC 151: UPDATES IN FINANCIAL ACCOUNTING STANDARDS AND REPORTING FAFV - EXERCISE NO. 4 1. On January 1, 2021, Edra Co. purchased 15,000 shares of Ula Corporation for P1,500,000. Registration and taxes incurred amounted to P36,500. The equity securities meet the definition of held for trading securities. At what amount should the investment be recorded initially? 2. On April 15, 2021, Pepper purchased 15,000 shares of Atty Group for P150,000. The commission paid to the broker amounted to P8,500. Management made an irrevocable choice to subsequently measure the shares at FVOCI. At what amount should the investment be recorded initially? 3. On June 13, 2021, Rainy Co. paid P500,000 for 20,000 shares of Niel's ordinary shares and classified these shares as held for trading securities. Rainy does not have the ability to exercise significant influence over Niel. Niel declared and paid a dividend of P0.50 a share to its shareholders in 2021. Rainy reported a net income of P260,000 for the…
For the year 2019, a business reports $450,000 increase in Share capital - Ordinary, $5 par value, and $550,000 increase in Share Premium - Ordinary. $700,000 ordinary shares are issued for non-cash assets. What is the amount of cash received from the sale of ordinary shares? A. $300,000 B. $450,000 C. $550,000 D. $700,000 E. $1,000,000
Exercise 5. Various share capital transactions Joshua Company has two classes of share capital outstanding: 10%, P50 par preference share capital and P10 par ordinary share capital. At December 31, 2019, the following accounts were included in the shareholder's equity: Preference Share Capital, 100,000 shares Ordinary Share Capital, 1,000,000 shares Preference Share Premium P5,000,000 Ordinary Share Premium P10,000,000 Retained Earnings P4,500,000 The following transactions have affected the shareholder's equity of the company during the year 2020: Jan. 1 Issued 15,000 preference shares at P60 per share. Feb.1 Issued 25,000 ordinary shares at P25 per share. July 1 Reacquired 20,000 ordinary shares at P14 per share. Oct. 31 Reissued 15,000 treasury shares at P16 per share. Dec.31 Profit for the year is P2,500,000. Prepare the journal entries of the foregoing transactions and prepare the Shareholder's equity section of the Company as of December 31, 2020.
P12-2Dividend Payment Kathy Snow wishes to acquire shares in Countdown Computing, lnc. The company's board of directors declared a cash dividend of $ 0.80 to be paid to record holders on Wednesday, May 12.to. What is the last day that Kathy can buy the shares (trade date) and still receive the dividend?b. On what day does this share begin to trade "ex-dividend"?c. What change, if any, would you expect in the price per share when the shares began trading on the ex-dividend date?If Kathy held the stock for less than a quarter and then sold it for $ 39 per share, would she achieve a higher return on investment by 1) buying the stock before the ex-dividend date at $ 35 per share and collecting the dividend from $ 0.80, or 2) buy it on the ex-dividend date at $ 34.20 per share, but without receiving the dividend?
D. 6. Using the data below, How many shares of preference share capital were issued during 2019? * The shareholders' equity of Bamboo Corporation at the end of 2019 and 2018 is as follows: Preference share capital, P 100 par Ordinary share capital, P 20 par Preference share premium Ordinary share premium Retained earnings 2019 P 1,000,000 2,000,000 16,000 4,350,000 2018 P 600,000 1,800,000 3,750,000 80,000 180,000 Your answer 7. Using data in no. 6, at what average price was the preference share capital issued during 2019? * Your answer 8. Using data in no. 6, assuming no other transactions affected the Retained Earnings except for the result of the corporation's operations, how much is the 2019 profit (net loss)? * Your answer
Chapter 15 McDaniel Corporation manufactures surveying equipment. Journalize the entries to record the following selected equity investment transactions completed by McDaniel during 2019: February 26 Purchased for cash 1,350 shares of Demon Inc. stock for $70 per share plus a $75 brokerage commission. April 16 Received dividends of $0.75 per share on Demon Inc. stock. June 18 Purchased 600 shares of Demon Inc. stock for $68 per share plus a $50 brokerage fee. August 19 Sold 1,500 shares of Demon Inc. stock for $72 per share less a $100 brokerage commission. McDaniel assumes that the first investments purchased are the first investments sold. November 14 Received dividends of $0.44 per share on Demon Inc. stock.
Pat Company reported the following information on December 31, 2020. Determine the legal capital: * P230 000 80 500 525.000 275,000 5.000 Preference Share, P100 par Share Premium - Preference Ordinary Share, P15 par Share Premium- Ordinary Subscribed Ordinary Share Retained Earnings Notes Payable Subscription receivable- Ordinary 190,000 400,000 40,000 Your answer This is a required question
D. The stockholders' equity section of SKSU Corporation's balance sheet on December 31, 2019: Common stock, P10 par value; authorized 1,500,000 shares; issued and outstanding 900,000 shares Additional paid-in capital Retained earnings Total stockholders' equity P9,000,000 750,000 2,700,000 P12,450,000 Transactions during 2020 and other information relating to the stockholders' equity accounts were as follows: On January 26, SKSU reacquired 75,000 shares of its common stock for P11 per share. On April 4, SKSU sold 45,000 shares of its treasury stock for P14 per share. On June 1, SKSU declared a cash dividend of P0.95 per share, payable on July 15, 2020 to stockholders of record on July 1, 2020. On August 15, each stockholder was issued one stock right for each share held to purchase two additional shares of stock for P12 per share. The rights expire on October 31, 2020. On September 30, 150,000 stock rights were exercised when the market value of the stock was P12.50 per share. On…

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