UTECHONLINE dolos, lumice Online rmediate Financial Accounting SEM 2 AY 2021- Time left 2:47: Lion Shubox Ltd has a tota
Posted: Sat May 07, 2022 8:18 pm
UTECHONLINE dolos, lumice Online rmediate Financial Accounting SEM 2 AY 2021- Time left 2:47: Lion Shubox Ltd has a total of 5,000,000 shares in issue. These shares have a par value of $0.30 each but currently sell for $0.95. The company has decided to undertake a three for two rights issue at a price of $0.80, which will be followed by a one for five bonus issue. How many shares will be in issue after both the rights issue and the bonus issue? ed Boutal es question O a 10,000,000 O b. 15,000,000 Oc 18.750.000 od 12,500,000 NEXT PAGE hp 2 d- 100 DDI 9 1 @ 2 3 $ 4 5 6 & 7 8 20 9 f mo w E E R T Y