Question: JUST NEED OPTION no need explain NO need for explanation i will rate you Flag question A company's profit after tax for the year 31st

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Flag question A company's profit after tax for the year 31st December 2018 was RO 600,000 The comparative figure for the year 31st December 2017 was RO 400,000. The company's issued share capital on 1st January 2016 consisted of 240,000 ordinary shares. No shares were issued during the year 2017 but a 1 for 4 rights issue was made on 1st July 2018 at RO 0.500 per share and this was fully subscribed. The market value of the company's shares just before the rights issue was RO 1.500 per share. Calculate the bonus element value. Question 15 Answer saved Done None of the listed choices OMR 1.153 OMR 1.698 OMR 1.785

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