The following information is provided for Ace Ltd at 31 March 2015 Complete the following table Ordinary shares of $1 each $3 486 000 6 preference shares of $10 each $1 400 000 7 debenture stock 2025 2026 $1 000 000 Reserves $2 114 000 Operating profit $1 250 000 Taxation $380 000 Dividend cover 6 ...

Metric 31 March 2013 31 March 2014 31 March 2015 Interest cover 164 ti ...

The following information is provided for Ace Ltd at 31 March 2015. Complete the following table. Ordinary

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The following information is provided for Ace Ltd at 31 March 2015.

Complete the following table.

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Accounting For Cambridge International AS And A Level

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Authors: Jacqueline Halls Bryan, Peter Hailstone

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The following information is provided for Ace Ltd at 31 March 2015. Complete the following table. Ordinary

Question:

Ordinary shares of $1 each $3 486 000 6% preference shares of $10 each $1 400 000 7% debenture stock 2025/2026 $1 000 000 Reserves $2 114 000 Operating profit $1 250 000 Taxation $380 000 Dividend cover 6 times Market price per ordinary share $5.50

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Accounting For Cambridge International AS And A Level

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