Assignment 003.docx - Assignment 003 Compose of the corporation whether as stockholders are members Corporators It consist of more than on member or

Assignment 003.docx - Assignment 003 Compose of the...

This preview shows page 1 out of 1 page.

Assignment 003 Problem 2. ABCD Inc. has authorized capital stock of P100, 000 divided into 1,000 shares. Php30,000 shares of the authorized capital stock was subscribed and the paid up capital is Php10,000.00. All other documentary requirements are complete.How many were subscribed? Problem 1. XYZ and Co. Inc. has authorized capital stock of Php50,000 divided into 500 shares. Php15,000 shares of the authorized capital stock was subscribed.How many shares were subscribed? Problem 1. XYZ and Co. Inc. has authorized capital stock of Php50,000 divided into 500 shares. Php15,000 shares of the authorized capital stock was subscribed.How many shares must be paid-up? 50 Problem 1. XYZ and Co. Inc. has authorized capital stock of Php50,000 divided into 500 shares. Php15,000 shares of the authorized capital stock was subscribed.How much is the par value per share? Php100.00It is the one which entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends. Preferred share of stock Problem 1. XYZ and Co. Inc. has authorized capital stock of Php50,000 divided into 500 shares. Php15,000 shares of the authorized capital stock was subscribed. How much must be the paid-up capital? Php3,750.00San Miguel Corporation is a/an _________________________. lay corporation

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture