Question
Ice Berhad issues 30,000 RM1 shares at RM1.30 for each share on 1 January 2020. Which of the following statements is true? Select one: a.
Ice Berhad issues 30,000 RM1 shares at RM1.30 for each share on 1 January 2020. Which of the following statements is true?
Select one:
a. Ordinary share capital will increase by RM30,000 and share premium will increase by RM39,000.
b. Ordinary share capital will increase by RM30,000 and share premium will decrease by RM9,000.
c. Ordinary share capital will increase by RM69,000
d. Ordinary share capital will increase by RM39,000
Tom Sdn Bhd generated sales of RM55,000. He made a gross profit of RM22,000, and his operating profit was RM8,000. His capital employed was RM80,000. Calculate Tom's return on capital employed.
Select one:
a. 68.8%.
b. 10%.
c. 27.5%.
d. 14.6%.
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