could someone please explain how they got 150.000. I thought it should be like 125,000×(1.10-0.50), but it gives different answer. and if I got it right, they got 125,000 by (100000+150,000)*0.5. thanks in advance
Homework Answers
Thank you for your patience. Please give positive ratings so I can keep answering. It would help me a lot. Please comment if you have any query. Thanks!
| Sammels Ltd. | Note | ||
| Opening number of shares | 200,000.00 | A | |
| Bonus issue on 31.8.X2 | 3 for every 2 | ||
| Number of Bonus shares | 300,000.00 | B=A/2*3 | |
| Total Number of shares after Bonus issue | 500,000.00 | C=A+B | |
| Rights Issue on 30.9.X2 | 1 for every 2 | ||
| Number Rights Issue on 30.9.X2 | 250,000.00 | D=C/2 | |
| Par value of shares | 0.50 | E | |
| Par value of Rights Issue shares | 125,000.00 | F=D*E | |
| Issue price of right shares | 1.10 | G | |
| Par value of shares | 0.50 | See E | |
| Premium on issue of right shares | 0.60 | H=G-E | |
| Number Rights Issue on 30.9.X2 | 250,000.00 | See D | |
| Total share Premium on right issue | 150,000.00 | I=D*H | |
| This is how they got 150,000 pounds. I hope it helps. Please comment if you have any query. | |||
Add Answer to:
could someone please explain how they got 150.000. I
thought it should be like 125,000×(1.10-0.50), but...
could someone take their time and explain me how they got numbers in suggested solutions where...
could someone take their time and explain me how they
got numbers in suggested solutions
where 2,5mil of ordinary shares came from
the ves as at 31 August 200x. Dr: Rerained Courses with event of the debits must agree with the Example 7.2 Mera ple has the following share capital and reserve 375,000 225,000 200,000 800,000 D y shares: 1.5m shares of 25p each fully paid Share premium Retained profil Total equity under UK law is to 'pay irectors therefore...
PLEASE COMPLETE THE ANSWER SAT 1.1 SAT 1.2 SAT 1.3 SAT 1.4 RBB RETAILING CORPORATION Statement...
PLEASE COMPLETE THE ANSWER
SAT 1.1
SAT 1.2
SAT 1.3
SAT 1.4
RBB RETAILING CORPORATION Statement of Comprehensive Income For the year ended December 31, 2020 Net sales Less: Cost of sales 3,380,000 2,566,000 Gross profit 814,000 Less: Operating expenses Selling expenses General and administrative expenses Income before income tax 260,500 352,200 612.700 201,300 Less: Income tax expense 60,390 Net profit 140,910 Included under General and Administrative Expenses is the depreciation of the following account titles: a. Building - P80,000...
SAT 1.1 SAT 1.2 SAT 1.3 SAT 1.4 SAT 1.5 SAT 1.6 SAT 1.7 SAT 1.8...
SAT 1.1
SAT 1.2
SAT 1.3
SAT 1.4
SAT 1.5
SAT
1.6
SAT 1.7
SAT 1.8
SAT 1.9
SAT 1.10
I need complete answer
RBB RETAILING CORPORATION Statement of Comprehensive Income For the year ended December 31, 2020 Net sales Less: Cost of sales 3,380,000 2,566,000 Gross profit 814,000 Less: Operating expenses Selling expenses General and administrative expenses Income before income tax 260,500 352,200 612.700 201,300 Less: Income tax expense 60,390 Net profit 140,910 Included under General and Administrative Expenses...
could someone take their time and explain me how they
got numbers in suggested solutions
where 2,5mil of ordinary shares came from
the ves as at 31 August 200x. Dr: Rerained Courses with event of the debits must agree with the Example 7.2 Mera ple has the following share capital and reserve 375,000 225,000 200,000 800,000 D y shares: 1.5m shares of 25p each fully paid Share premium Retained profil Total equity under UK law is to 'pay irectors therefore...
PLEASE COMPLETE THE ANSWER
SAT 1.1
SAT 1.2
SAT 1.3
SAT 1.4
RBB RETAILING CORPORATION Statement of Comprehensive Income For the year ended December 31, 2020 Net sales Less: Cost of sales 3,380,000 2,566,000 Gross profit 814,000 Less: Operating expenses Selling expenses General and administrative expenses Income before income tax 260,500 352,200 612.700 201,300 Less: Income tax expense 60,390 Net profit 140,910 Included under General and Administrative Expenses is the depreciation of the following account titles: a. Building - P80,000...
SAT 1.1
SAT 1.2
SAT 1.3
SAT 1.4
SAT 1.5
SAT
1.6
SAT 1.7
SAT 1.8
SAT 1.9
SAT 1.10
I need complete answer
RBB RETAILING CORPORATION Statement of Comprehensive Income For the year ended December 31, 2020 Net sales Less: Cost of sales 3,380,000 2,566,000 Gross profit 814,000 Less: Operating expenses Selling expenses General and administrative expenses Income before income tax 260,500 352,200 612.700 201,300 Less: Income tax expense 60,390 Net profit 140,910 Included under General and Administrative Expenses...
Most questions answered within 3 hours.
-
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 7 seconds from now -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 20 minutes ago -
Under all the various types of market structures, firms
must eventually earn some economic profits for...
asked 7 minutes ago -
Consider the following fitness regime for a single locus trait
with two co-dominant alleles: w11 =...
asked 12 minutes ago -
A large cable company reports the following.
80% of its customers subscribe to its cable TV...
asked 27 minutes ago -
Please answer the question in brief.
Discuss the role of ERP in organizations. Are ERP tools...
asked 13 minutes ago -
Discuss the pros and cons of collaborative software such
as SameTime. Does it increase productivity? What...
asked 25 minutes ago -
Buying your in-laws a gift because it’s expected is
due to the ____________ motive of gift-giving....
asked 29 minutes ago -
Calculate the expected value, the variance, and the standard
deviation of the given random variable X....
asked 1 hour ago -
A hospital performs 100 surgeries per week. The probability that
complications after surgery occur is 10%....
asked 1 hour ago -
1 point) Given the significance level α=0.01 find the following:
(a) left-tailed z value z= (b)...
asked 1 hour ago -
Assuming you are the head of the software development unit at
Cyber.Soft, explain and justify why...
asked 36 minutes ago