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Problem 1: If a corporation reissued at P200 per share 100 shares of treasury stock that it had previously acquired for P280 per share and there wasn't any Share Premium-Treasury, it would debit
a share premium ordinary 8000b treasury stock 8000c loss on sale of treasury stock 8000d retained earnings 8000
Problem 2: On June 25, 2019, Rosada Corp, issues a 30% share dividend on its 200,000 shares of P10 par value ordinary shares. The shares will be issued on July 8, 2019. The market price of Rosada Corp. stock is P15 per share on June 25, and on the date the shares are distributed, the stock is selling for P12 per share. The journal entry to record the declaration of the share dividend on June 25, 2019 will include a
a Dr. retained earnings 600000b dr. retained earnings 900000c cr. share premium 300000d cr. share premium 200000
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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