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Equity: 100,000 shares. Each share is worth $2. Share premium is equal to $180,000. The company makes a new issue at 1:4 ratio. How many
Equity: 100,000 shares. Each share is worth $2.
Share premium is equal to $180,000.
The company makes a new issue at 1:4 ratio.
How many shares does the company issue? By how much does share premium and equity decrease or increase?
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The company is issuing new shares at a 14 ratio which means that for every one share held the shareh...
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Frank Woods Business Accounting An Introduction To Financial Accounting
Authors: Alan Sangster, Lewis Gordon, Frank Wood
15th Edition
1292365439, 9781292365435
