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    Francis
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    Haste.xlsx

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    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    7 views1 page

    Haste

    Uploaded by

    Francis
    Answer key

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Haste

    2017 20,000.00 2,000,000.00


    2018 40,000.00 3,500,000.00
    60,000.00

    share rights 60000x5= 300000


    if exercised 60000/5=12000
    purchased 10000
    10000/12000x300000=250,000 share rights
    10000x80=800000 new shares

    shares 800,000.00
    rights 250,000.00
    investment 1,050,000.00

    Investment in shares 1,050,000.00


    Share rights 250,000.00
    Cash 800,000.00

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