Slater Ltd's share capital comprises 100 000 fully paid share with an issue price of $5.00 per share.
-On 30 October 20X8 the directors of Slater Ltd decided to split the company's shares.How many shares will Slater Ltd have on issue if those shares are fully paid to $2.00 after the split?
A) 2 500 000
B) 50 000
C) 500 000
D) 250 000
Correct Answer:
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