A companys share capital consists of 3 million equity shares of RO 1 each, issued at a premium of 10%. What is the amount of equity share capital to be shown under the Equity section in the Statement of financial position?

a.

3,300,000

b.

150,000

c.

300,000

d.

3,000,000

Net Profit of ABC company before tax was OMR 500,000 at the end of the year 2019. The companys rate of tax was 25% on Net Profit. The company issued 500,000 ordinary shares of OMR 1 each each and 250,000 10% Preference shares of OMR 1 each fully paid up during the year. The profit or loss attributable to ordinary shareholders for calculating Earnings Per Share was

a.

OMR 125,000

b.

OMR 350,000

c.

OMR 250,000

d.

OMR 375,000

PQR SAOG has issued and paid up capital of OMR 2 million OMR 1 par value common stock. The current market price of each share is OMR 3. The company board decided a 4-for-1 stock split. The Market value of per share after stock split should be

a.

2.500

b.

12

c.

1.250

d.

0.750

ABC SAOG Company has in issue 300,000 RO 1 equity shares with a current market value of RO 2.500 each. It offers a rights issue of 2 for 5 shares at an offer price of RO 2. Assuming that if the offer is fully taken by the shareholders, What is the amount raised through the right issue of shares?

a.

120,000

b.

240,000

c.

350,000

d.

750,000

XYZ SAOG has issued 5 million equity shares of OMR 0.800 per share. The company decided to make a bonus issue in the ratio of 2 for 5 shares held. How many numbers of bonus shares will be issued by the company?

a.

2,000,000

b.

1,600,000

c.

12,500,000

d.

4,000,000