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ABC Company Ltd books:10.000, Sh.20 ordinary share capital10,000, Shs.10 8% preference share capital5,000, Shs.100 12% debentures. The above debentures are due for conversion:Shs.200,000 100,000 500,000
ABC Company Ltd books:10.000, Sh.20 ordinary share capital10,000, Shs.10 8% preference share capital5,000, Shs.100 12% debentures. The above debentures are due for conversion:Shs.200,000 100,000 500,000
Required i) Compute the conversion price
ii) Compute the conversion ratio
iii) Compute new capital structure.
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i Conversion price The conversion price is the price at which the de...
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
