The Equity accounts of KPN Ltd are shown below: Ordinary Share Capital (R3 par value) R450 000

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The Equity accounts of KPN Ltd are shown below:

Ordinary Share Capital (R3 par value) R450 000

Share Premium 100 000

Retained Profits 80 000

Total Shareholders’ Equity 630 000

If KPN Ltd’s shares sell for R10 per share at present, and a 10% scrip dividend is declared, how many new shares will be distributed?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Posted Date: Nov 28, 2023 11:19 PM

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The Equity accounts of KPN Ltd are shown below: Ordinary Share Capital (R3 par value) R450 000

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Equity Accounts Amount R Ordinary Share Capital 450000 Share Premium ... View the full answer

Financial Accounting

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