2

Question 2 10 points Save Answer Heertons plc issued 300,000 shares with nominal value of 5 to existing shareholders at an issue price of 18.20. What effect does this transaction have on the company's Profit for the year, Total Equity and Cash at bank. O Profit increases by 3,96m; Equity increases by 3.96m; Cash increases by 3,96m O No effect on profit; Equity increases by 5.46m; Cash increases by 5.46m O Profit increases by 3.96m; Equity increases by 1.5m; Cash increases by 5.46m No effect on Profit: No effect on Equity: No effect on Cash No effect on profit; Equity increases by 3.96m; Cash increases by 3.96m