A company made the following acquisitions of ordinary shares in CDE plc: Date 1 June 1970 30
Question:
A company made the following acquisitions of ordinary shares in CDE plc:
Transcribed Image Text:
Date 1 June 1970 30 October 1975 15 August 1981 No of shares 1,000 800 900 Cost 3,000 2,500 3,100 The shares had a market va lue of 1.80 per share on 31 March 1982 (RPI 79.44). The company made no further acquisitions and sold 750 of the shares on 18 January 2018 (RPI 275.3) for 9,500. Compute the chargeable gain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
The sale of 750 shares on 18 January 2018 cannot be matched against any ...View the full answer
Answered By
Salmon ouma
I am a graduate of Maseno University, I graduated with a second class honors upper division in Business administration. I have assisted many students with their academic work during my years of tutoring. That has helped me build my experience as an academic writer. I am happy to tell you that many students have benefited from my work as a writer since my work is perfect, precise, and always submitted in due time. I am able to work under very minimal or no supervision at all and be able to beat deadlines.
I have high knowledge of essay writing skills. I am also well conversant with formatting styles such as Harvard, APA, MLA, and Chicago. All that combined with my knowledge in methods of data analysis such as regression analysis, hypothesis analysis, inductive approach, and deductive approach have enabled me to assist several college and university students across the world with their academic work such as essays, thesis writing, term paper, research project, and dissertation. I have managed to help students get their work done in good time due to my dedication to writing.
5.00+
4+ Reviews
16+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A company made the following acquisitions of ordinary shares in Rujan plc: Date 15 August 1980 23 January 1997 No of shares 500 600 Cost 1,000 2,500 RPI 154.4 The market value of the shares on 31...
-
Tina made the following acquisitions of ordinary shares in Hombus plc: Date 15 August 1993 23 January 2003 Number of shares 500 700 Cost 1,250 2,800 On 1 June 2014, the company made a 1 for 20 rights...
-
Sherjeel made the following acquisitions of ordinary shares in Truculent plc: Date 27 September 2000 28 July 2002 3 February 2007 5 July 2011 Number of shares 1,200 800 500 300 Cost 3,600 2,800 2,000...
-
What do you think people would say about Corrie from the few quotes we have from her book? What was her personality like? Do you think she handled her incarceration differently than Elie Wiesel?...
-
In both the following exercises, assume that all the methylene groups in the alkane are equally reactive as sites of free-radical chlorination. (a) Photochemical chlorination of heptane gave a...
-
A stock has a 30% per year standard deviation of its logged returns. If you are modeling the stock price to value a derivative maturing in six months with eight binomial periods, what should u and d...
-
Machine Part Suppliers Your company buys machine parts from three different suppliers. Make a tree diagram that shows the three suppliers and whether the parts they supply are defective. Graphical...
-
The data in Table 9E.1 represent individual observations on molecular weight taken hourly from a chemical process. The target value of molecular weight is 1,050 and the process standard deviation is...
-
define business combinations and its scope, explain causes of business combinations and types of business combinations.
-
A company bought a chargeable asset (not a chattel) in June 2002 (RPI 176.2) for 1,200 and sold the asset in August 2017 (RPI 272.3) for 5,350. Compute the chargeable gain.
-
A company made the following disposals during the year to 31 March 2018: (a) A factory building was sold for 650,000 on 13 June 2017 (RPI 271.1). This building had cost 300,000 in August 2000 (RPI...
-
The economy of large-scale production _________ new firms from entering a market because high initial average total costs impose heavy losses on new entrants.
-
Everyone at some point has had issues with time management and procrastination in their work life, academic life and social life. How have you been handling time management issues in your life? Have...
-
You want to make three peanut butter and jelly sandwiches. What is the best way to make them that's consistent with an agile mindset? Create a sandwich assembly line, applying all the peanut butter...
-
1 pts Joan Reed exchanges commercial real estate that she owns for other commercial real estate, plus $50,000 cash. The following additional information pertains to this transaction: Property given...
-
It is believed that 86% of Padres fans would have liked Trevor Hoffman to remain in San Diego to finish out his career as a San Diego Padre. You would like to simulate asking 10 Padres fans their...
-
The videos below cover why American higher education, including public colleges and universities, is so expensive. They also explore factors that have resulted in the current student loan debt...
-
The profitability analysis undertaken in this chapter for JB Hi-Fi included the impact of significant items. a. Evaluate JB Hi-Fi's profitability in 2011 compared to 2010 excluding the impact of...
-
The Dow Jones Industrial Average reached a high of $ 7801.63 on December 29, 1997. Recall from Example 18.4 that it reached a high of $ 1003 on November 14, 1972. The Consumer Price Index for...
-
A company has the following results for the year to 31 March 2022: The charitable covenant began on 1 October 2021 and falls within the Gift Aid scheme. Compute the taxable total profits for the...
-
A company's accounts for the 17 months to 30 June 2021 include: The debentures were acquired (not for trade purposes) on 1 May 2020. Interest is payable half-yearly on 30 April and 31 October. Show...
-
During the year to 31 March 2022, a company which qualifies as medium-sized spends 180,000 on research and development. This is qualifying expenditure under the R&D tax relief scheme. Explain the...
-
Ted and his partners have contracted to purchase the franchise nights worth 561 000 to open and operate a specialty pizza restaurant called Popper with a renewable agrement, the partners have agreed...
-
Your answer is partially correct. Martin Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some...
-
Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would love testing 5156.000 in equipment that would have zeto salvage value at the end of...
Study smarter with the SolutionInn App