Equity: 100,000 shares. Each share is worth $2. Share premium is equal to $180,000. The company makes

Fantastic news! We've Found the answer you've been seeking!

Question:

Equity: 100,000 shares. Each share is worth $2.

Share premium is equal to $180,000.

The company makes a new issue at 1:4 ratio.

How many shares does the company issue? By how much does share premium and equity decrease or increase?

Related Book For answer-question

Frank Woods Business Accounting An Introduction To Financial Accounting

ISBN: 9781292365435

15th Edition

Authors: Alan Sangster, Lewis Gordon, Frank Wood

See More Books

Posted Date: Apr 04, 2024 06:39 AM

See More Questions

A group of scientists working for company Y want to test a new chemical that they believe will act as a sunscreen and prevent sunburn. the same amount of lotion is applied to each person in the same...
1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
This lesson provides a decision-making guide to help you integrate what you've learned in previous lessons. The main benefit of this guide is that it will force you to think more clearly about the...
XYZ Corporation is considering two mutually exclusive projects that require a $150,000 investment each. Project A has an expected life of 6 years and will generate net cash flows of $35,000 per year....
Let W be a Wiener process. Compute E(W4t).
Followship is critical to MTIhow does the quality of followship in the organization impact the ability of leadership to create value?
Casey Ltds accounting system uses special journals and subsidiary ledgers. The following transactions occurred during March 2025 (GST is ignored). All sales are n/30. Required (a) Ignoring GST, enter...
1. Gina receives a $2,000 distribution from her educational savings account. She uses $1,600 to pay for qualified higher education expenses and $400 on a vacation. Immediately prior to the...
What two different types of firmware may be used on motherboards? a. POST b. UEFI c. CMOS d. BIOS
Running and Grand Total Program Create a .cpp program named hw5-1.cpp that asks the user for a maximum number. A loop will then run from 1 to this many times. Each time the loop runs, two...
Josh, CPA, reviews data collected from an audit client. Once Josh receives the data, he sorts the data, removes any duplicate data and reformats the data so that it is all consistent. What is this...
What is the current tourism system of Western Australia look like? What are some of it's weaknesses and strengths? Have government initiated programs shown growth and outlined future expectations of...
A few noted issues within group dynamics include role management, equity, and fairness. In the past, how has working in a group affected your outlook for future partnerships? Has your experience led...
Thinking back on an incident that had occurred at your place of work, how do you believe you could have made an impact on the outcome? Do you believe the individuals who conducted the investigation...
Parker-Miller Health Care Systems borrows $200,000 from Ashesprings National Bank to finance a new piece of ultrasound equipment. PMHC has agreed, according to the terms of the loan, to make 5 equal...
- Whats actually in this advertisement? What are its contents? - How would you describe the visual elements of these advertisements such as the color, composition, juxtaposition, or graphic design? -...
Using the theoretical sampling strategy, how many samples of size 4 (n = 4) can be drawn from a population of size: (a) N = 5? (b) N = 8? (c) N = 16? (d) N = 50?
The bar graph illustrated in Figure 27 is a USA Today-type graph. A survey was conducted by Impulse Research for Quilted Northern Confidential in which individuals were asked how they would flush a...
Soccer continues to grow in popularity as a sport in the United States. High-profile players such as Hope Solo and Landon Donovan have helped generate renewed interest in the sport at various age...
Figure 30 represents the educational attainment (level of education) in 2013 of adults 25 years and older who are U.S. residents. Why might this graph be considered misrepresentative. Approach Find...

Equity: 100,000 shares. Each share is worth $2. Share premium is equal to $180,000. The company makes

Question:

Expert Answer:

The company is issuing new shares at a 14 ratio which means that for every one share held the shareh... View the full answer

Frank Woods Business Accounting An Introduction To Financial Accounting

Students also viewed these finance questions