The statement of financial position of a company at 31 December showed the following: issued share capital: $200 000 200 000 ordinary shares at $1 per share During the following year, the company carried out the following: 1 On 1 January made a rights issue of one ordinary share for every five ordinary shares held. The share issue price was $1.50 per ordinary share and the issue was fully subscribed. 2 On 1 July made a bonus issue of one ordinary share for every four ordinary shares held at that date. What was the amount of cash received by the company in respect of these transactions?

A company provided the following information. material units cost per unit $ opening inventory 100 2.00 receipt of ne…

The following balances related to Ladha's business. At 31 March 2016: total assets $388000, total liabilities $84000…

A trial balance showed a provision for doubtful debts as $1350. Trade receivables were $50320 which included a debt o…

The following information is available. budget actual overheads $60000 $66 000 direct labour 30 000 hours 35 000 hour…

A particular cost is classified as 'semi-variable'. What effect will a 20% reduction in activity have on the unit cost?

A business produces and sells watches. In 2015, 4000 watches were produced and 3600 watches were sold. Other informat…