Warminster Toys pic has a total issued share capital of 3 000 000 in 50p shares. The

Question:

Warminster Toys pic has a total issued share capital of £3 000 000 in 50p shares. The company decides to make a rights issue of one-for-five at a price of £5.42 per share. To take up the rights the holder of 50 000 shares will have to pay:

a) £27 100

b) £135 500

c) £54 200

d) £271 000.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Accounting And Finance For Non Specialists

ISBN: 9781861528728

1st Edition

Authors: Catherine Gowthorpe

See More Books

Question Posted: Jul 18, 2024 07:01 AM

See More Questions

Consider the following information: Rate of Return if State Occurs State of Economy Boom :57 Bust of Economy .66 .34 Probability of State Stock A .09 .13 Stock B Stock C .03 .19 .24 -.04 a. What is...
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION The definitions and interpretations commencing on page 4 of this Circular have been used in this front cover. If you are in any doubt...
Warminster Toys plc has a total issued share capital of 3 000 000 in 50p shares. The company decides to make a rights issue of one-for-five at a price of 5.42 per share. To take up the rights the...
Write a function named "count the" in C which counts the number of times a given word "the" appears in the string parameter. Test Data: Input: The string where the word the present more than once....
For a company like Bank of Nova Scotia, provide two examples of transactions that you would classify as financing, investing, and operating activities.
Name and describe the three main divisions of supply, production, and distribution systems.
Do consumers build associative networks from their avatar s experience? Do you think this network is part of the consumer s overall associative network for that brand or is it a separate network? LO1
The following transactions were completed by Navarez Inc., whose fiscal year is the calendar year: 2014 July 1. Issued $88,000,000 of 10-year, 10% callable bonds dated July 1, 2014, at a market...
Refer to the following mentioned data. Net sales Cost of products sold Grous margin (In millions) 2017 2016 2015 $34.975 530,401 $26,166 14,031 13.312 13,336 520,944 $17,089 $12,030 Required: a....
Willoughby Wooster pic has a total issued share capital of 1 000 000 in 25p shares. The company decides to make a rights issue of one-for-two at a price of 2.70 per share. To take up the rights the...
A Interim financial statements are: a) first drafts of the final financial statements of listed companies b) provisional financial statements that are awaiting audit c) half-yearly financial...
A sole proprietorship was started on January 1, 2011, when it received $\$ 60,000$ cash from Mark Pruitt, the owner. During 2011, the company earned $\$ 40,000$ in cash revenues and paid \(\$...
You are certain to get a number or a face card when selecting cards from a shuffled deck. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive. The probability...
2 The Physics of Vehicles of Transportation 106106 unread replies.106106 replies. Cars, scooters, buses, and trains all usephysics laws , right? Which physics laws apply to your favorite medium of...
A clinical trial was conducted to test the effectiveness of a drug used for treating insomnia in older subjects. After treatment with the drug, 12 subjects had a mean wake time of 97.5 min and a...
The CEO of the company asks Amit to buy land for the company to build a new office. The CEO tells Amit that $200,000 is budgeted for this. Amit finds the perfect piece of land for only $150,000. Amit...
The fiscal year-end unadjusted trial balance for Hall Company is found on the trial balance tab. Rent expense and salaries expense are equally divided between selling activities and general and...
You are a senior manager responsible for overall company operations in a large courier company. Your company has 106 regional offices (terminals) scattered around the country and a main office (hub)...
How does health insurance risk differ from other types of insurance risk (e.g., automobile or homeowners insurance)? What is the difference between cost sharing and cost shifting? Is retiree health...
The materiality constraint, as applied to bad debts:Multiple ChoicePermits the use of the direct write-off method when its results approximate those of the allowance method.Requires use of the pledge...
Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: Date Activities Units Acquired at Cost Units Sold at RetailAugust 2 Purchase 10 units @...
A companys inventory records indicate the following data for the month of January: Date Activities Units Acquired at Cost Units Sold at RetailJanuary 1 Beginning inventory 450 units @ $18 = $8,100...

Warminster Toys pic has a total issued share capital of 3 000 000 in 50p shares. The

Question:

Step by Step Answer:

Business Accounting And Finance For Non Specialists

Students also viewed these Business questions