3. A company has the following capital structure: Equity share capital (*100/share) Share premium Reserves and surpluses
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3. A company has the following capital structure: Equity share capital (*100/share) Share premium Reserves and surpluses 100 100 277 The company declares a bonus issue of shares in the ratio of 1:1 to ordinary shareholders; the issue price per share is 125. Show calculations of the effect on bonus issue on the company's capital structure.
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