Question
The Storehouse Limited (TSL) started in 2019 with a public issue of 3 million shares on the NZX, initially issued at $2.00 per share. TSL
The Storehouse Limited (TSL) started in 2019 with a public issue of 3 million shares on the NZX, initially issued at $2.00 per share. TSL raised another issue in 2020 by issuing 4.5 million new shares at an issue price of $2.80 each. TSLs shares currently trade at $8.00 per share. The book value of TSLs total equity (as shown on its 2021 Balance Sheet) is________, and the market value of TSLs equity is________.
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
3rd Edition
0730364577, 978-0730364573
