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1. (a) Fitness Worlds, operates a chain of exercise facilities attachable Eastern Insurance company programmed. The company appeals p suffer from obesity problems and want to improve their health. Cur company has 8,000,000 shares outstanding at par value RM2 with market price of RM12. Calculate the price of Fitness World's sh company decided to pay the dividend to shareholders as follows: i. A 20 percent share dividend. ii. A 4-for-1 share split

1. (a) Fitness Worlds, operates a chain of exercise facilities attachable Eastern Insurance company programmed. The company appeals p suffer from obesity problems and want to improve their health. Cur company has 8,000,000 shares outstanding at par value RM2 with market price of RM12. Calculate the price of Fitness World's sh company decided to pay the dividend to shareholders as follows: i. A 20 percent share dividend. ii. A 4-for-1 share split

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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(a) Fitness Worlds, operates a chain of exercise facilities attachable with Great Eastern Insurance company programmed. The company appeals person who suffer from obesity problems and want to improve their health. Currently, the company has 8,000,000 shares outstanding at par value RM2 with a current market price of RM12. Calculate the price of Fitness World's share if the company decided to pay the dividend to shareholders as follows: 1. i. A 20 percent share dividend. ii. A 4-for-1 share split
Transcribed Image Text:(a) Fitness Worlds, operates a chain of exercise facilities attachable with Great Eastern Insurance company programmed. The company appeals person who suffer from obesity problems and want to improve their health. Currently, the company has 8,000,000 shares outstanding at par value RM2 with a current market price of RM12. Calculate the price of Fitness World's share if the company decided to pay the dividend to shareholders as follows: 1. i. A 20 percent share dividend. ii. A 4-for-1 share split
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