Question
The Equity accounts of KPN Ltd are shown below: Ordinary Share Capital (R3 par value) R450 000 Share Premium 100 000 Retained Profits 80 000
The Equity accounts of KPN Ltd are shown below:
Ordinary Share Capital (R3 par value) R450 000
Share Premium 100 000
Retained Profits 80 000
Total Shareholders’ Equity 630 000
If KPN Ltd’s shares sell for R10 per share at present, and a 10% scrip dividend is declared, how many new shares will be distributed?
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Equity Accounts Amount R Ordinary Share Capital 450000 Share Premium ...
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Financial Accounting
Authors: Craig Deegan
9th Edition
1743767382, 9781743767382
