The equity accounts for ABC plc are as follows: a) What are the ordinary share and total

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The equity accounts for ABC plc are as follows:

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a) What are the ordinary share and total equity values for the equity account?

(b) The company has decided to issue 5,000 shares of equity at a price of £30 per share.
Show the effects of the new issue on the equity accounts.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:00 AM

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The equity accounts for ABC plc are as follows: a) What are the ordinary share and total

Question:

Ordinary shares, 2 par value 500 shares outstanding Capital surplus Retained earnings Total ? 250,000 750,000 ?

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Corporate Finance

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