The share capital of Waugh Ltd 10 000 000 ordinary shares that had an issue price of $4.00 per share and they are currently paid to $1.00.
-On 30 June 20X1 the directors of Waugh Ltd decided that the ordinary shares will be split into 20 000 000 ordinary shares.After the split the new shares will be paid-up to:
A) $0.50
B) $2.00
C) $4.00
D) $8.00
Correct Answer:
Verified
Q12: Listed redeemable preference shares can be acquired
Q13: Lehman Ltd has 50 000, 10 %
Q14: The share capital of Waugh Ltd 10
Q15: Lehman Ltd has 50 000, 10 %
Q16: A consolidation of shares results in an
Q18: Slater Ltd's share capital comprises 100 000
Q19: The result of share splits and share
Q20: Slater Ltd's share capital comprises 100 000
Q21: Under the Corporations Act, five types
Q22: Under AASB 132 expenditure incurred in making
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents