Question 19.3: In the balance sheet of EZ Engineering Ltd earlier, there we...

Accounting for Non-Accountants

In the balance sheet of EZ Engineering Ltd earlier, there were 500,000 £1 ordinary shares in existence. Let us now assume that the profit after tax was £150,000, in which case:

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Question: 19.11

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Question: 19.8

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Question: 19.6

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Question: 19.4

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Question: 19.1

gnoring the possibility of non-payment, let us consider the 7 per cent £1 preference shares in XYZ Ltd when the current rate of dividend being offered on similar new shares is 10 per cent. Obviously no one will pay £1 for existing shares giving them a 7 per cent return when they can buy new shares ...

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Question: 19.S-CQ.9

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Question: 19.S-CQ.8

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