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Sagot :
Answer:
$30,290,000
Explanation:
Calculation for the book value of total shareholders’ equity as of December 31, 2019
First step is to calculate the Paid up share capital
Paid up share capital =200000*10
Paid up share capital=20,00,000
Second step is to calculate the Securities premium
Securities premium=2,00,000*5
Securities premium=10,00,000
Third step is to calculate the Net income after dividend
Net income after dividend=750,000-3,80,000
Net income after dividend=370,000
Fourth step is to calculate the Treasury stock at par value
Treasury stock at par value =8,000*10
Treasury stock at par value=80,00
Now let calculate the total shareholders’ equity as of December 31, 2019
Total Equity share holders Fund=20,00,000+10,00,000+370,000-80,000
Total Equity share holders Fund=$30,290,000
Therefore the book value of total shareholders’ equity as of December 31, 2019 is $30,290,000
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