Question: is this C? 8. RLS PLC needs more funds and have decided to issue the ordinary shares at 1.50 per share. The nominal value of
is this C?
8. RLS PLC needs more funds and have decided to issue the ordinary shares at 1.50 per share. The nominal value of the ordinary shares is 1 per share. How many shares will need to be issued to raise the {189,000 funds needed? A: 378,000 ordinary shares B: 189,000 ordinary shares C: 126,000 ordinary shares D: 50.000 preference shares
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