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Question 26 Not yet answered Marked out of 1.00 A company's profit after tax for the year 31st December 2018 was RO 600,000. The comparative figure for the year 31st December 2017 was R 400,000. The company's issued share capital on 1st January 2016 consisted of 240,000 ordinary shares. No shares were issued during the year 2017 but a 1 for 4 rights issue was made on 1st July 2018 at RO 0.500 per share and this was fully subscribed. The market value of the company's shares just before the right issue was RO 1.500 per share Calculate the total market value of shares. Flag question OMR 30,000 None of the listed choices OMR 360,000 OMR 390,000 27 Question 27 Not yet answered Marked out of 100 Flag question A company's profit after tax for the year 31st December 2018 was RO 600,000. The comparative figure for the year 31st December 2017 was RO 400,000. The company's issued share capital on 1st January 2016 consisted of 240,000 ordinary shares. No shares were issued during the year 2017 but a 1 for 4 rights issue was made on 1st July 2018 at RO 0.500 per share and this was fully subscribed. The market value of the company's shares just before the rights issue was RO 1.500 per share. Calculate the bonus element value OMR 1.153 None of the listed choices OMR 1.698 OMR 1.785 Question 28