Homework Answers
Working:-
| Particulars | Working | Amount | ||
| Preferred Shares | 65000*15 | 975000 | ||
| Equity Shares | Balance | 600000 | ||
| Total contributed capital | 1575000 | |||
| Retained Earnings | WN1 | 355000 | ||
| total Equity | 1930000 | |||
| WN1:- | ||||
| Opening | 250000 | |||
| Profit | 130000 | |||
| Dividend | -25000 | |||
| Closing | 355000 | |||
| Total value | 600000 |
| paid up value | 4 |
| No. of shares | 150000 |
Answers
- $3.20 non-accumulative is just a name of the share.
- The total value of "A" is 975000
- The total value of "B" is 600000
- The total value of "C" is 150000
- The total value of "D" is 355000
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