Distinguish between a bonus issue of shares and a rights issue of shares.
Question:
Distinguish between a bonus issue of shares and a rights issue of shares.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
A bonus issue is a distribution of shares to existing shareholders in the sam...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
Question Posted:
Students also viewed these Business questions
-
The summarised Balance Sheet of Bonarite Ltd at 30 June 2004 was as follows. On 1 July 2004, before any other transactions had taken place, the company made a bonus issue of shares on the basis of...
-
Hazzizzi Ltd Trial balance as at March 31, 2023 Trade receivables 22,800,000 Trade payables 6,100,000 Provision for bad debt 7,600,000 Bank 2,100,000 Cash in hand 928,000 Petty cash 203,000 Interest...
-
The financial information below was extracted from the statement of financial position of two companies as at 30 June 20X9. Additional information 1. Both companies revalued their freehold land and...
-
X-Tech Inc. produces specialized bolts for the aerospace industry. The operating cost of producing a single bolt is $2. The company currently sells the bolts for $6/unit. Each time the company...
-
Accounting records for Total Desserts, Inc., yield the following data for the year ended December 31, 2012 (amounts in thousands): Inventory, Dec 31,...
-
Assume the following factors in assessing the value of preserving NOLs in the acquisition of a target: The target corporation has NOLs of $ 675. The net basis in the targets assets is $ 200. The...
-
Discounts and returns Non-GST version Ashleas Importers sells home decor with credit terms of 2/15, n/30. A trade discount of 25% is given to purchases made by wholesalers. On 3 March 2025, Johnson...
-
Battonkill Company, operating at full capacity, sold 112,800 units at a price of $150 per unit during 2010. Its income statement for 2010 is as follows: The division of costs between fixed and...
-
1 Define Management? 2 Define Leadership? 234 4 Explain the Qualities of a successful leader? Define transformational leadership? 5 Explain about Decision making process? Explain the types of...
-
A company wishes to raise $100 000. Should the company use a bonus issue or a rights issue to raise the extra capital?
-
Land is an example of a tangible non-current asset. Is this statement true or false?
-
Find the variance and standard deviation for the following frequency distribution of hours studied during a particular week by the 40 students in a statistics course: X 10 9 8 7 6 5 f 1 0 2 4 7 11 X...
-
2 For the function f(x) = x + 5x-14 solve the following. f(x) 0
-
You form a short straddle by selling a call with a premium of C = $9, and selling a put with a premium of P = $8. Both options have an exercise price of X = $47, both mature in 8 months, and both...
-
You started a company that manufactures belts and sells them for $200 each. If you need to sell 2000 belts per month to break even and fixed costs per month are $30000, what is the variable cost per...
-
You have $7,000 excess cash to invest after you fully funded your emergency fund. You can choose to use the cash on a T-bill that can be purchased for $6,500 (maturing to value at $10,000 after one...
-
On Monday, May 15, 2017, you bought (traded) the XZX, Inc. 8.25% corporate bonds with a trading value of $96.50 price. The coupon payments are paid on March 31 and September 30. Using the 360-day...
-
Peugeot S.A. reports the following financial information for the year ended December 31, 2011 (euros in millions). Prepare its statement of cash flows under the indirect method Net income...
-
A statistical study shows that the fraction of television sets of a certain brand that are still in service after x years is given by f (x) = e-0.15x. (a) What fraction of the sets are still in...
-
Why is it important to classify expenses into capital expenditure and revenue expenditure?
-
Explain why the owner of a business might prefer to determine the profits made by his business by using an income statement rather than relying on a 'net asset' calculation.
-
An income statement calculates profits more accurately than using the 'net asset' method. True/False?
-
Our surgery has several critical steps that require both precision and flexibility. Which component of the congruence model does this belong to? Formal, Informal, Work, People?
-
Explain Religion and Psychopathology
-
Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find selected information necessary to compute some...
Study smarter with the SolutionInn App