Question
3. Julia is considering selling her shares in HNB Ltd. She has 10,000 shares, and the current value of the shares is 3.01 per share.
3. Julia is considering selling her shares in HNB Ltd. She has 10,000 shares, and the current value of the shares is 3.01 per share. She purchased the shares two years ago for 1.22 per share. Which of the following statements is correct?
A: When Julia sells the shares HNB Ltd will have an increase in share capital of 10,000 shares B: There is no monetary benefit for HNB Ltd if Julia sells the shares C: HNB Ltd will record a profit of 17,900
D: Julia will maintain voting rights in HNB Ltd if she sells the shares
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
