Equity: 120,000 shares at $1 each. Share premium: $22,000 The company decides to issue 1:3 shares. Nominal
Fantastic news! We've Found the answer you've been seeking!
Question:
Equity: 120,000 shares at $1 each.
Share premium: $22,000
The company decides to issue 1:3 shares. Nominal value is $1 and price is $2.5.
How many shares does the company issue? How much does the share premium increase? Does equity increase?
Related Book For
Posted Date: