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6. Elliott PLC have K65,000 (K1 shares) capital and current net profit after tax of K13,500. A proposal has been made to issue K15,000
6. Elliott PLC have K65,000 (K1 shares) capital and current net profit after tax of K13,500. A proposal has been made to issue K15,000 new K1 shares which are expected to generate a net profit after tax of K1,200. If the investment goes ahead, what will happen to: i. ii. Value of Elliott PLC's share capital? Profits available to shareholders?
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
