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Wechnology, Jamaica Online UTECHONLINE rmediate Financial Accounting SEM 2 AY 2021, Lion ed out of Time left 2:47:4 Shubox Ltd has a total of
Wechnology, Jamaica Online UTECHONLINE rmediate Financial Accounting SEM 2 AY 2021, Lion ed out of Time left 2:47:4 Shubox Ltd has a total of 5,000,000 shares in issue. These shares have a par value of $0.30 each but currently sell for $0.95. The company has decided to undertake a three for two rights issue at a price of $0.80, which will be followed by a one for five bonus issue. How many shares will be in issue after both the rights issue and the bonus issue? O a. 10,000,000 question O b. 15,000,000 Oc 18,750,000 O d. 12,500,000 hp ? T @ 2 D # 3 $ 4 % 40 LO 5 A A 4 6 & 4+ 7 H- F G W LU E R T NEXT PAGE 100 DE DDI * 8 6 0 C
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