Multiple Choice
Large company agrees to pay £1,750,000 to take over small company.Large company's shares have a market value of £1.75.The £1,750,0000 is paid by the issue of 1 million £1 shares.
What additional share capital will Large report?
A) £1,750,000
B) £1,000,000
C) £750,000
D) £0
Correct Answer:
Verified
Correct Answer:
Verified
Q14: High Voltage plc has 1 million ordinary
Q15: Which of the following statements is false?<br>A)
Q16: Which of the following statements is false?<br>A)
Q17: A company can reduce its share capital
Q18: If a company needs to find money,which
Q19: A company which has been trading
Q20: A business can raise finance by selling
Q21: Large company agrees to pay £1,750,000 to
Q22: There is no requirement for a company
Q23: Retained earnings do not contribute towards financing