Title | Jane - 9th edition - financial accounting 3 |
---|---|
Author | Ng Grace |
Course | Financial Accounting I |
Institution | Universiti Selangor |
Pages | 11 |
File Size | 1.1 MB |
File Type | |
Total Downloads | 31 |
Total Views | 64 |
Additional exerciseJane Lazar (thEdition)-Chapter 2 -Company and Group FinancialReportingQuestion 2.5,000,000 rejected5 mil x 50 sen 30 mil x 50 senAllotted the shares on a pro-rata basis among the remainingapplicants. Any surplus money on application was used topay up on allotmentSurplus money on a...
Additional exercise Jane Lazar (9th Edition)-Chapter 2 Company and Group Financial Reporting
Question 2.2 page: 33
200
Eventhough only 50 m is rejected, but the amount (RM) is still based on the IPO because of pro-rata basis
105,000,000 Ordinary shares
205,000,000
Question 2.4 page: 34
30m x 1/10
Question 2.5 page: 34
5,000,000 rejected
5 mil x 50 sen
30 mil x 50 sen
Allotted the shares on a pro-rata basis among the remaining applicants. Any surplus money on application was used to pay up on allotment
Surplus money on application 30 mil x 50 sen
Allotment Share capital
15,000 15,000
30 mil x 25 sen
30 mil x 25 sen
Question 2.6 page: 35
Share buy back Current share price = RM90 mil ÷ 45 mil = RM2
1 mil x RM2...