Can you please help me with Problem 18 and 27 thank you. and can you please attach an explanation for the answers? thank you in advance Ra be tes an fan, e shaneheicenenunti wn saane t an. 1.20 are tol. Ps d, 0hAopropriaan r aApropriation ofSetrined LanngtTruty o, 1300.000Mwngseecetremione occanmed nngthe yeecivet doteddPd cah videndoidend had teenJen 20the aay hadetiared n wMar1Solet t ynoox forOvland s2 eOhineabe cethe friddat direce atetlon oThesorsoriationplarDtda pershenDe aporsCnieecrthele e nanoet in Tart tar te vnithdden' ey atcon2 sard andcoetIN tienPereteshetekersectionof the tabient of fralasutioe Problem #17Dividends per ShareDiaz Corporation, a distributor of exercise equipment, has the following outstandinigshares: 18,000 shares of 2% cumulative preference shares, P75 par and 40,000 shares ofP10 par ordinary shares. During its first four years of operations, the following amountswere distributed as dividends: first year, P22,500; second year, P28,800; third year,P40,100; fourth year, P77,000.Required: Calculate the dividends per share on each class of shares for the first year.Problem #18Dividends per ShareManalo Inc., developing mobile commerce applications, has the following outstandingshares: 25,000 shares of 1% cumulative preference shares, P40 par and 50,000 shares ofP120 par ordinary shares. During its first four years of operations, the followingamounts were distributed as dividends: first year, P17,500; second year, P10,500; thirdyear, P25,000; fourth year, P60,000.Required: Calculate the dividends per share on each class of shares for the first year.

Dividends are the part or share of profit that is being divided or distributed to the shareholders.…

Problem #18 Dividends per Share Manalo Inc., developing mobile commerce applications, has the following outstanding shares: 25,000 shares of 1% cumulative preference shares, P40 par and 50,000 shares of P120 par ordinary shares. During its first four years of operations, the following amounts were distributed as dividends: first year, P17,500; second year, P10,500; third year, P25,000; fourth year, P60,000. Required: Calculate the dividends per share on each class of shares for the first year.

Problem #18 Dividends per Share Manalo Inc., developing mobile commerce applications, has the following outstanding shares: 25,000 shares of 1% cumulative preference shares, P40 par and 50,000 shares of P120 par ordinary shares. During its first four years of operations, the following amounts were distributed as dividends: first year, P17,500; second year, P10,500; third year, P25,000; fourth year, P60,000. Required: Calculate the dividends per share on each class of shares for the first year.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter8: Inventories: Special Valuation Issues

Section: Chapter Questions

Problem 18E: Errors During the course of your examination of the financial statements of Burnett Co., a new...

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