Capital section of the balance sheet

Assignment Help Accounting Basics
Reference no: EM13954734

Gamma plc has issued share capital of £1,000,000, nominal value of ordinary shares is £2 and accumulated profits of £456,000 as at 31.12.X6. The company proposes to make a rights issue of 2 for 5 existing shares held at a price of £4.25 and a bonus issue of 200,000 ordinary shares. The market value of the shares as at 31.12.X5 is £6.70. Show the capital section of the balance sheet after the two share issues and also identify how many shares a holder of 1,000 shares before the issues will have afterwards.

Reference no: EM13954734

Questions Cloud

Assessment of local economic development programs : Prepare an assessment of local economic development programs within your community. To address the key issues related to economic planning, you will need to:
What are the strengths of the idea argument and position : What is the main idea/argument/position that the author is presenting? What are the strengths of the idea/argument/position? What are the weaknesses of the idea/argument/position?
In present value terms, how much better : Suppose you are Harry's agent and you wish to evaluate the two contracts using a required rate of return of 12 percent. In present value terms, how much better is the second contract?
What is the name of the pdf or pmf of x : What is the mean number of Product A that Bob inspects in one hour?
Capital section of the balance sheet : Show the capital section of the balance sheet after the two share issues and also identify how many shares a holder of 1,000 shares before the issues will have afterwards.
New employee work for the owner to break even : A local business owner is considering adding another employee to his staff in an effort to increase the number of hours that the store is open per day. If the employee will cost the owner $4,000 per month and the store takes in $50/hour in revenue wi..
Comprehensive understanding of key concepts : The final assignment for this course is a research paper. This paper will reflect comprehensive understanding of key concepts that have been discussed during this course. This assignment will provide you with the opportunity to apply related urb..
Explain the difference between public, for-profit : Discuss the major differences among these three legal structures, as well as the benefits and drawbacks from a legal and regulatory perspective.
Secretary arrange for the firm to break even : A firm is considering adding a second secretary to answer phone calls and make appointments. The cost of the secretary will be $10/hour and she will work 200 hours each month. If each new client adds $400 of profit to the firm, how many clients must ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Barney an individual and aldrin inc a domestic c

barney an individual and aldrin inc. a domestic c corporation have decided to form ba llc. the new llc will produce a

  In january 6 dee-light corporation issued for cash 17200

in january 6 dee-light corporation issued for cash 17200 shares of 1 par value common stock at 30 per share. on may 10

  Part a what will be the average collection period part b

if accounts receivables turnover ratio for the year 2012 was 5 timespart a what will be the average collection

  Determine the amount of net income or loss

Determine the amount of net income or loss Thomas reported on its 2013 income statement.

  What was the cash balance at the beginning

If the balance of the cash account is $200,000 at the end of the month, what was the cash balance at the beginning of the month?

  What is return on equity capital

What is return on equity capital and what aspect of bank performance is it supposed to measure? Suppose a bank reports that its net after-tax income for the current year is $51 million, its assets totally $1,144 million, and its liabilities amount..

  If you were to get a physical from your doctor and he or

if you were to get a physical from your doctor and he or she only took your blood pressure prior to stating that you

  Yoho company reported the following financial numbers for

yoho company reported the following financial numbers for one of its divisions for the year average total assets of

  Weighted-average process-costing system

Strawberry Company uses a weighted-average process-costing system. Company records disclosed that the firm completed 40,000 units during the month and had 10,000units in process at month-end,20% complete.

  Capital budgeting terms and considerations

Our textbook and lecture discuss some considerations that should be taken into account when doing capital budgeting. How will these considerations affect the project you described in the other topic?

  Ivan invests in land and grace invests in taxable bonds the

ivan invests in land and grace invests in taxable bonds. the landappreciates by 8000 each year and the bonds earn

  Component of income before taxes

At December 31, 2013, Hull Meyers Corp. had the following investments that were purchased during 2013, its first year of operations:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd