Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 28, 2024

PIY ltd has 5 0 million shares in issue trading at R 1 7 . 0 0 per share. Calculate what PIY LTD share price

PIY ltd has

50

million shares in issue trading at R

17.00

per share.

Calculate what PIY LTD share price will be after a scrip dividend, if the directors decide to offer a

1

for

4

scrip dividend to shareholders.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Institutions Management

Authors: Anthony Saunders

3rd Edition

007303259X, 978-0073032597

More Books

Students also viewed these Finance questions

Question

★★★★★

What are the primary differences between a traditional, mechanistic organization designed for efficiency and a more contemporary, organic organization designed for learning?

Answered: 1 week ago

Question

★★★★★

Question 6 Pottery Ranch Inc. has been manufacturing its own finials for its curtain rods. The company is currently operating at 100% of capacity, and variable manufacturing overhead is charged to...

Answered: 1 week ago

Question

★★★★★

(Appendix) Choose five food, beauty, or household products you find in your home. Visit a local store and compare three different sizes of the product and compute unit prices. Compile the information...

Answered: 1 week ago

Question

★★★★★

On May 10, 2010, the Horan Company purchased equipment for $25,000. The equipment has an estimated service life of five years and zero residual value. Assume that straight-line depreciation is used....

Answered: 1 week ago

Question

★★★★★

Stenback Manufacturing produces self-watering planters for use in upscale retalt establiahments. Sales projections for the first five months of the upcoming year ahow the estimated unit sales of the...

Answered: 1 week ago

Question

★★★★★

Suppose a company is likely to pay a divident of INR 2 from fifth year to infinity. Investors expect a return of of 2 0 % per year What would be the price of the share today? a ) INR 1 0 b ) INR 5 ....

Answered: 1 week ago

Question

★★★★★

This week I would like you to work on the "Effective Stress Management" portion of developing yourself as a leader. Think of stress management from two opposing perspectives: stress situations...

Answered: 1 week ago

Question

★★★★★

Given in (a) & (b) are stress states of an element. Are these elements in equilibrium? If not, what are the body forces needed to make the current stress state an equilibrium stress state? (a) -x+y...

Answered: 1 week ago

Question

★★★★★

Would the application of a Just-In-Time production system affect how aggregate planning is conducted? Why? How?

Answered: 1 week ago

Question

★★★★★

If employees don't buy into the plan then management will be acting on their own. How can management encourage employees to buy into the need to be checked on their way out? Multiple Choice Utilize...

Answered: 1 week ago

Question

★★★★★

A random forcing, with a bandwidth of 0-30Hz, is applied to a structure. The response is measured and converted to the frequency domain, and the mobility Nyquist plot is shown below. How many modes...

Answered: 1 week ago

Question

★★★★★

Why do mergers and acquisitions have such an impact on employees?

Answered: 1 week ago

Question

★★★★★

What is strategic management? How does that apply to the healthcare industry? Be specific.

Answered: 1 week ago

Question

★★★★★

2. Describe the functions of communication

Answered: 1 week ago

Previous Question Next Question