A company, which has already issued ordinary shares of $1 each, issues 200 000 bonus shares and
Question:
A company, which has already issued ordinary shares of $1 each, issues 200 000 bonus shares and follows this with a rights issue of 100 000 ordinary shares at $1.50 per share.
What is the increase in the share capital and reserves of the company after these transactions?
A. $100 000
B. $150 000
C. $300 000
D. $350 000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Lets break down the given information step by step to calculate the increase in the share capita...View the full answer
Answered By
ROXAN VEGA
I have extensive hands-on experience and proficiency in assisting students in various subjects. During my tutoring sessions, I prioritize creating a supportive and engaging learning environment. I strive to understand each student's unique learning style and tailor my teaching methods accordingly. I am patient, empathetic, and skilled at breaking down complex concepts into simpler, more manageable parts. I encourage active participation and discussion, promoting critical thinking and problem-solving skills.
One of my strengths as a tutor is my ability to adapt to different learning needs and styles. I can explain difficult concepts using real-life examples, visual aids, or interactive exercises, depending on what works best for the student. I also provide clear explanations, answer questions, and offer guidance in a clear and concise manner.
0 Reviews
10+ Question Solved
Related Book For 
Question Posted:
