sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
-
Upload
zeroonezero -
Category
Documents
-
view
218 -
download
0
Transcript of sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
1/32
SOLUTION TO EXERCISE 5-2 IDENTIFICATION
1. Preference Share
2. Article !f Inc!r"!rati!n
#. $!ar% !f Direct!r
&. 'atere% t!c( !r hare
5. $)-La*+. Pre-e,"tie Riht
/. Par 0ale
. Ath!ri3e% Ca"ital St!c(
4. Trear) Share !r St!c(
1. N! Par an% N! State% 0ale Share !r St!c(
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
2/32
SOLUTION TO EXERCISE 5-# TRUE OR FALSE
1. Fale O*ner !f t!c( c!"!rati!n are calle% hareh!l%er !r t!c(h!l%e
6e,7er are f!r n!n-t!c( c!r"!rati!n.
2. Tre
#. Tre
&. Tre
5. Fale The ,anner !f electin the 7!ar% !f %irect!r i f!n% in the $)-L
+. Tre
/. Fale An entr) i ,a%e n%er the 8!rnal-entr) ,eth!%.
It i in ,e,!ran%, entr) ,eth!% that n! f!r,al 8!rnal entr) i
. Tre
4. Fale The "!*er an% retricti!n c!nferre% 7) the !ern,ent "!n t
c!r"!rati!n i f!n% in the Article !f Inc!r"!rati!n.
1. Fale The ale !f a n! "ar ale hare i tate% in the article !f inc!ran% n!t !n the t!c( certi9cate.
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
3/32
r.
a*
,a%e.
e
"!rati!n !nl)
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
4/32
SOLUTION TO EXERCISE 5-&. ISSUANCE OF S:ARE CAPITAL AT PAR 0ALUE
Date Acc!nt Title De7it
;l 15 6E6O ENTR<
Ath!ri3e% t! ie 5= hare at P1 "ar
ale.
S7cri"ti!n Receia7le-Share Ca"ital 1=25=
S7cri7e% Share Ca"ital
T! rec!r% 12=5 hare 7cri7e% 7) 9e >5?
inc!r"!rat!r at P1. "ar ale.
Cah #12=5
S7cri"ti!n Receia7le-Share Ca"ital
T! rec!r% 25@ "a),ent !f 9e >5? inc!r"!rat!r
!f their 7cri"ti!n.
A 1 S7cri"ti!n Receia7le-Share Ca"ital 1==
S7cri7e% Share Ca"ital
T! rec!r% 6. Elcee 7cri"ti!n !f 1=
hare at "ar.
1& Cah 2=
Share Ca"ital
T! rec!r% iance !f 2 hare at "ar f!r cah.
Se"t 15 Cah 1==
S7cri"ti!n Receia7le-Share Ca"ital
T! rec!r% c!llecti!n in fll !f the A 1
7cri"ti!n !f 6. Elcee.
S7cri7e% Share Ca"ital 1==
Share Ca"ital
T! rec!r% iance !f 1= hare at "art t!
6. Elcee.
Se"t 22 Lan% 5=
Share Ca"ital
T! rec!r% iance !f 5= hare at "ar t!
6. 6arie7ic in echane f!r lan% receie%
Oct #1 Orani3ati!nal C!t B E"ene 5=
Share Ca"ital
T! rec!r% 5 hare ie% at "ar t! 6. ;ina
f!r "r!,!ti!nal erice ren%ere% %rin the
f!r,ati!n !f the c!r"!rati!n.
N! 1 6erchan%ie Inent!r) &=
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
5/32
Ei",ent +=
Share Ca"ital
T! rec!r% iance !f 1= hare at "ar t! 6.
A(in! in echane f!r ,erchan%ie an%
ei",ent receie%.
Dec 1 Cah 4#/=5
S7cri"ti!n Receia7le-Share Ca"ital
T! rec!r% c!llecti!n fr!, 9e >5? inc!r"!rat!r
!f the 7alance !f their 7ci"ti!n.
S7cri7e% Share Ca"ital 1=25=
Share Ca"ital
T! rec!r% iance !f 12=5 hare at "ar t! 9e
>5? inc!r"!rat!r after the) "ai% in fll their
7cri"ti!n.
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
6/32
Cre%it S""!rtin C!,"tati!n
1=25= >12=5 hare P1?
>P1=25= 25@?
#12=5
1== >1= hare P1?
2= >2 hare P1?
1==
1== >1= hare P1?
5= >5= hare P1?
5= >5 hare P1?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
7/32
1= >1= hare P1?
>P1=25=-P#12=5?
4#/=5
1=25= >12=5 hare hare P1?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
8/32
SOLUTION TO EXERCISE 5-5. ISSUANCE OF S:ARE CAPITAL A$O0E PAR 0ALUE
Date Acc!nt Title De7it
212
;l) 1 6E6O ENTR<
Ath!ri3e% t! ie 5= hare at P1 "ar
ale.
S7cri"ti!n Receia7le-Share Ca"ital 1=25=
S7cri7e% Share Ca"ital
T! rec!r% hare 7cri7e% 7) 9e >5?
inc!r"!rat!r at 2=5 hare each at "ar.
Cah #12=5
S7cri"ti!n Receia7le-Share Ca"ital
T! rec!r% the "a),ent !f 9e >5? inc!r"!rat!r
!f 25@ !f their 7cri"ti!n.
2 Pre"ai% E"ene &=
Cah
T! rec!r% inc!r"!tati!n fee "ai% t! SEC.
# Cah 2&=
Share Ca"ital
Pre,i, !n hare iance
T! rec!r% iance !f 2 hare at P12 t!
D!,inic.
+ Cah 5+2=5
S7cri"ti!n Receia7le-Share Ca"ital
T! rec!r% "a),ent in fll !f Aatha= Pricilla an%
a)e !f the 7alance !f their 7cri"ti!n.
S7cri7e% Or%inar) Share Ca"ital /5=
Or%inar) Share Ca"ital
T! rec!r% iance !f hare t! Aatha= Pricilla
an% a)e after "a),ent !f their 7cri"ti!n
in fll.
12 S7cri"ti!n Receia7le-Share Ca"ital 1/=5
S7cri7e% Share Ca"ital
Pre,i, !n Share S7cti"ti!n
T! rec!r% 7cri"ti!n !f Dai% !f 1=5 hare
at P125.
1 Lan% &5=
Share Ca"ital
Pre,i, !n Share Iance
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
9/32
T! rec!r% iance !f #= hare t! Darren in
echane f!r a "iece !f lan%.
2& Cah 1/=5
S7cri"ti!n Receia7le-Share Ca"ital
T! rec!r% "a),ent !f Dai% in fll !f hi
7cri"ti!n.
S7cri7e% Share Ca"ital 15=
Share Ca"ital
T! rec!r% iance !f 1= 5 hare at P1 "ar t!
Dai% after "a)in hi 7cri"ti!n in fll.
#1 Cah #/5=
S7cri"ti!n Receia7le-Share Ca"ital
T! rec!r% "a),ent in fll !f A,iel an% ;hn
!f their 7cri"ti!n.
S7cri7e% Share Ca"ital 5=
Share Ca"ital
T! rec!r% iance !f hare t! A,iel an% ;hn
after the) "ai% their 7cri"ti!n in fll.
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
10/32
Cre%it S""!rtin C!,"tati!n
1=25= >5 2=5 hare 12=5 hare P1?
>P1=25= 25@?
#12=5
&=
2= >2 hare P1?
&= >P2&= - P2=?
># 2=5 hare P1 /5@?
5+2=5
/5= ># 2=5 hare P1?
>15 hare P125?
15= >1=5 hare P1?
#/=5 >1=5 hare P5?
#= >#= hare P1?
15= >P&5= - P#=?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
11/32
1/=5
15= >1=5 hare P1?
>2 2=5 P1 /5@?
#/5=
5= >2 2=5 hare P1?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
12/32
SOLUTION TO EXERCISE 5-+. T'O CLASSES OF S:ARES
Date Acc!nt Title De7it
;ne 1 6E6ORANDU6 ENTR<
Ath!ri3e% t! ie &== 4@ "reference
hare at P& "ar ale.
Ath!ri3e% t! ie% 5= !r%inar) hare at
P# "ar ale.
A 5 S7cri"ti!n Receia7le-Or%inar) 12=+=
S7cri7e% Or%inar) Share
Share Pre,i,-Or%inar)
Cah 2=52=
S7cri"ti!n Receia7le-Or%inar)
/ Cah 52=
Or%inar) Share Ca"ital
Share Pre,i,-Or%inar)
4 S7cri"ti!n Receia7le-Preference 5=&=
S7cri7e% Preference Share
Share Pre,i,-Preference
Cah 1=
S7cri"ti!n Receia7le-Preference
Se"t 1 Cah 5=&=
S7cri"ti!n Receia7le-Or%inar)
S7cri7e% Or%inar) Share #=+=
Or%inar) Share Ca"ital
5 Cah 22=5
Preference Share Ca"ital
Share Pre,i,-Preference
Oct 1 Cah 2=245=
S7cri"ti!n Receia7le-Preference
S7cri7e% Preference Share 2=&=
Preference Share Ca"ital
N! 1 Cah 2+=&
Preference Share Ca"ital
Share Pre,i,-Preference
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
13/32
Dec 1 Cah 5=&=
S7cri"ti!n Receia7le-Or%inar)
S7cri7e% Or%inar) Share 4==
Or%inar) Share Ca"ital
Cah 2=245=
S7cri"ti!n Receia7le-Preference
S7cri7e% Preference Share &==
Preference Share Ca"ital
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
14/32
Cre%it
4==
#=+=
2=52=
&45=
##=
&==
+=
1=
5=&=
#=+=
2=
2=5
2=245=
2=&=
2&=
2=&
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
15/32
5=&=
4==
2=245=
&==
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
16/32
S""!rtin C!,"tati!n
>#= hare P&2?
>#= hare P#?
>P12=+=-P4==?
>P12=+= 2@?
>1+=5 hare P#2?
>1+=5 hare P#?
>12= hare P&5?
>12= hare P&?
>P5=&= 15@?
>P5=&= 15@?
>P12=+= - P2=52= P1== 5@?
>#= hare - += hare 2&= hare 5@ 12= hare P#?
>#= hare - += hare 2&= hare 5@ 12= hare P#?
>5 hare P&5?
>5 hare P&?
>P22=5 - P2=?
>P5=&= - P1= P&=54= 5@?
>P5=&= - P1= P&=54= 5@?
>12= hare - 1= hare 12= hare 5@ 51= hare P&?
>12= hare - 1= hare 12= hare 5@ 51= hare P&?
>+ hare P&&?
>+ hare P&?
>P2+=& - P2&=?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
17/32
>P12=+= - P2=52= - P5=&=?
>P12=+= - P2=52= - P5=&=?
>#= hare hare P#?
>#= hare P#?
>P5=&= - P1= - P2=245=?
>12= hare P&?
>12= hare P&?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
18/32
SOLUTION TO EXERCISE 5-/. T'O CLASSES OF S:ARES
a. 6ini,, 7cri"ti!n an% "ai%-" ca"ital
Preference
Ath!ri3e% n,7er !f hare 1
Par ale 10ale !f ath!ri3e% hare 1==
6lti"l) 7) 25@ ,ini,, reire,ent 25@
6ini,, 7cri7e% hare ca"ital 2=5=
6lti"l) 7) 25@ ,ini,, reire,ent 25@
6ini,, "ai% " hare ca"ital +25=
7. N,7er !f "reference hare ie%
Pai%-" "reference hare /=5=Dii%e 7) "ar ale 1
N,7er !f "reference hare ie% /5=
c. N,7er !f !r%inar) hare ie%
Pai%-" !r%inar) hare 12=5=
Dii%e 7) "ar ale 5
N,7er !f !r%inar) hare ie% 25=
%. Ie "rice !f "reference hare
Pai%-" "reference hare /=5=
Share "re,i, !n "reference hare 2+2=5
T!tal ale receie% f!r "reference hare ie% /=/+2=5
Dii%e 7) n,7er !f "reference hare ie% /5=
Ie "rice !f "reference hare 1#.5
e. Ie "rice !f !r%inar) hare
Pai%-" !r%inar) hare 12=5=Share "re,i, !n !r%inar) hare 1=/5=
T!tal ale receie% f!r !r%inar) hare ie% 1&=25=
Dii%e 7) n,7er !f !r%inar) hare ie% 25=
Ie "rice !f !r%inar) hare 5/.
f. T!tal a,!nt !f leal ca"ital
Pai% " ca"ital
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
19/32
Preference hare /=5=
Or%inar) hare 12=5=
T!tal leal ca"ital 2==
. T!tal a,!nt !f c!ntri7te% ca"ital
PreferencePai%-" hare ca"ital /=5=
Share "re,i, 2+2=5
T!tal a,!nt !f c!ntri7te% ca"ital /=/+2=5
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
20/32
Or%inar) T!tal
5
525== #5==
25@
+=25= =/5=
25@
1=5+2=5 2=1/=5
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
21/32
Or%inar) T!tal 12=5= 2==
1=/5= 2=12=5
1&=25= 22=12=5
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
22/32
SOLUTION TO EXERCISE 5-. TRUE OR FALSE
1. Tre
2. Fale Leal ca"ital c!ntite tate% !r "ar ale !nl).
#. Tre
&. Tre
5. Tre
+. Tre
/. Tre
. Fale The ,ar(et ale !f a hare i in%e"en%ent !f it "ar !r tate%
4. Fale Unie% hare ca"ital i cre%ite% *hen t!c( are ie% n%er t
1. Tre An) hare can 7e acire% thr!h 7cri"ti!n.
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
23/32
le.
he 8!rnal entr) ,eth!%.
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
24/32
SOLUTION TO EXERCISE 5-4. NO PAR 0ALUE S:ARES
a. Cah 5=5=
Share Ca"ital 5=5=
7. Cah 5=5=
Share Ca"ital 5==Pre,i, !n Share 5=
c. Cah 5=5=
Share Ca"ital 2=5=
Pre,i, !n Share #==
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
25/32
C!,"tati!n
>5= hare P11?
>5= hare P11?
>5= hare P11?
>5= hare P1?>P55= - P5=?
>5= hare P11?
>5= hare P5?
>P55= - P25=?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
26/32
SOLUTION TO EXERCISE 5-&. ISSUANCE OF S:ARE CAPITAL AT PAR 0ALUE
Date Acc!nt Title
;an 1 6E6O ENTR<
Ath!ri3e% t! ie 1= !r%inar) hare
at P1 tate% ale "er hare.
Cah
Or%inar) Share Ca"ital
1 S7cri"ti!n Receia7le-Or%inar)
S7cri7e% Or%inar) Share
Or%inar) Share Ca"ital in Ece !f State% 0ale
Cah
S7cri"ti!n Receia7le-Or%inar)
22Lan%
Ei",ent
6erchan%ie Inent!r)
Or%inar) Share Ca"ital
Or%inar) Share Ca"ital in Ece !f State% 0ale
25Cah
S7cri"ti!n Receia7le-Or%inar)
S7cri7e% Or%inar) Share
Or%inar) Share Ca"ital
#Cah
Or%inar) Share Ca"ital
Or%inar) Share Ca"ital in Ece !f State% 0ale
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
27/32
De7it Cre%it
25=
25=
125=
1=
25=
#/=5
#/=5
#5=.
1=.
45=.
5=.
&5=.
/=5
/=5
1=
1=
21=.
15=.
+=.
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
28/32
S""!rtin C!,"tati!n
>25= hare P1?
>25= hare P1?
>1= hare P12.5?
>1= hare P1?
>P125= 2@?
>P125= 2@?
>5 hare P1?
>P#5= G P1= G P45? - P5=H
>P125= - P#/=5?
>P125= - P#/=5?
>1= hare hare P1?
>1= hare P1?
>1= hare - 25= hare - 1= - 5= hare 15= hare P1&?
>1= hare - 25= hare - 1= - 5= hare 15= hare P1?
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
29/32
SOLUTION TO PRO$LE6 5-1
a. A,!nt !f c!ntri7te% ca"ital
T!tal
A,!nt receie% f!r hare !l%
>&= hare P25? 1==
6ar(et ale !f ei",ent receie% f!r t!c( ie% 1=+
C!ntri7te% Ca"ital 1=1=+
7. Ath!ri3e% n,7er !f hare 12=
Le n,7er !f hare ie%
F!r cah &=
In echane !f ei",ent + &=+
N,7er !f nie% hare /4=&
SOLUTION TO PRO$LE6 5-2
A,!nt !f cah c!llecte% fr!, hare ca"ital tranacti!n
Ath!ri3e% hare ca"ital
Unie% hare ca"italIe% hare ca"ital
A%% Share Pre,i,
S7cri7e% ca"ital t!c(
Le S7cri"ti!n receia7le
Cah c!llecte% fr!, hare ca"ital tranacti!n
SOLUTION TO PRO$LE6 5-#
C!ntri7te% ca"ital a !f Dece,7er #1= 211
Preference hare= P1 "ar ale=
1= hare ath!ri3e% >+= hare P1?
Or%inar) hare= P& tate% ale "er hare=
&= hare ath!ri3e% >2&= hare P&?
Pai%-" hare
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
30/32
Share "re,i,
Preference hare += hare >P1+ - P1?H
Or%inar) hare >P1=2= - P4+=?
C!ntri7te% ca"ital
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
31/32
Par 0ale N,7er
Pre,i, 0ale Per Share !f Share
&= += 15 &=
4=+ 4= 15 +
&4=+ +4= 15 &=+
#=
12=1=
=
+=
#2= 2=
21+=
+=
4+=
1=2=
-
8/19/2019 sol to exer 5-2_5-3_5-4_5-5_5-6_5-7_5-8_5-9 n problem solving
32/32
#+=
2&= 2/+=
1=24+=