Question
on 31 july 2018 ,Sipho bought 1000 ordinary shares in abc ltd at a cost of 2750 .On 31 december 2018 the company made a
on 31 july 2018 ,Sipho bought 1000 ordinary shares in abc ltd at a cost of 2750 .On 31 december 2018 the company made a 1 for 10 bonus issue .On 31 March 2019 ,Sipho sold 300 shares for R800.What is the new base cost of Sipho holding
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
