Question
1What do purchasers of shares (primary or secondary market) hope to obtain from the purchase?1marks 2The balance sheet shows the following information as of Dec.
1What do purchasers of shares (primary or secondary market) hope to obtain from the purchase?1marks
2The balance sheet shows the following information as of Dec. 31: 2020 2019 Building $1,000,000 $1,000,000 Less: Acc Dep 500,000 500,000 Net Building $ 500.000 $ 500,000 You want to use your building as collateral (pledged assets) for a loan. What info would the bank use to determine the amount of the loan granted? ( 2 Marks)
3 Shares of Company ABC trade at $10 per share. Shares of Company XYZ trade at $20 per share. What ratio (s) would be used to compare which is cheaper or a better investment? (1 Mark)
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