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please show workings and formulas used 2. The equity accounts of Bio-Tech Company is as follows: Common shares (R1 par value) R 10 000 000

image text in transcribed please show workings and formulas used

2. The equity accounts of Bio-Tech Company is as follows: Common shares (R1 par value) R 10 000 000 Additional paid in capital R 50 000 000 Retained earnings R 125 000 000 Treasury shares (R 1000 000 Net common Equity R 184 000 000 Suppose that the firm sells 2,000,000 new shares at a price of R20/share. What is the new value of the additional paid-in-capital account

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