Question
he effect of a bonus issue to all shareholders on (a) net asset backing per share, (b) each shareholder's share of net assets and (c)
he effect of a bonus issue to all shareholders on (a) net asset backing per share, (b) each shareholder's share of net assets and (c) market capitalisation is:
(a) the net asset backing per share will decrease; (b) each shareholder's share of net assets will remain the same; (c) evidence suggests that on average the market capitalisation will increase.
(a) the net asset backing per share will increase; (b) each shareholder's share of net assets will increase; (c) evidence suggests that on average the market capitalisation will remain the same.
(a) the net asset backing per share will decrease; (b) each shareholder's share of net assets will decrease; (c) evidence suggests that on average the market capitalisation will remain the same.
(a) the net asset backing per share will remain the same; (b) each shareholder's share of net assets will decrease; (c) evidence suggests that on average the market capitalisation will decrease.
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
5th edition
134727797, 9780134728643 , 978-0134727790
