Equity: 120,000 shares at $1 each. Share premium: $22,000 The company decides to issue 1:3 shares. Nominal

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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?

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Analysis for Financial Management

ISBN: 978-1259918964

12th edition

Authors: Robert C. Higgins

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Posted Date: Apr 06, 2024 11:47 AM

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Equity: 120,000 shares at $1 each. Share premium: $22,000 The company decides to issue 1:3 shares. Nominal

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Heres the breakdown of the companys share issuance and how it affects equity Shares Issued The compa... View the full answer

Analysis for Financial Management

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