ABC's property originally cost £300,000. After 10 years use it was revalued by £200,000. This building is depreciated at 2% per annum. Calculate annual depreciation charges following the revaluation. A) 18,000 B) 16,000 C) 15,000 D) 11,000 DEF raised £21,000 in a 2:5 Rights Issue. Pre-rights share capital comprised 60,000 £1nv shares, and the post-rights share price was £1.25. Calculate the pre-rights share price. A) 1.30 B) 1.36 C) 1.40 D) 1.42 GHI leased plant over five years. Annual payments were £23,000 in arrears with interest rates at 5%. Licensing fees to operate this plant cost GHI £15,000. Calculate the Right-of- Use value of this asset in GHI's accounts. A) 109,578 B) 114,578 ABUD 129,578 134,578 Following a 1:6 bonus issue at JKL, the share premium account reduced by one half to £40,000. If net assets were £395,000, calculate JKL's revenue reserves. A) 40,000 60,000 75,000 95,000 BCD was acquired by EFG when net assets of the former were £240,000. In line with group policy, the property was revalued by £120,000 at the time of acquisition. EFG paid £340,000 buying 80% of BCD. Calculate the non-controlling (minority) interests. A) 시티이미 D) 96,000 72,000 48,000 24,000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question
ABC's property originally cost £300,000. After 10 years use it was revalued by £200,000.
This building is depreciated at 2% per annum. Calculate annual depreciation charges
following the revaluation.
A) 18,000
B) 16,000
C) 15,000
D) 11,000
DEF raised £21,000 in a 2:5 Rights Issue. Pre-rights share capital comprised 60,000 £1nv
shares, and the post-rights share price was £1.25. Calculate the pre-rights share price.
A) 1.30
B) 1.36
C) 1.40
D) 1.42
GHI leased plant over five years. Annual payments were £23,000 in arrears with interest
rates at 5%. Licensing fees to operate this plant cost GHI £15,000. Calculate the Right-of-
Use value of this asset in GHI's accounts.
A) 109,578
B) 114,578
ABUD
129,578
134,578
Following a 1:6 bonus issue at JKL, the share premium account reduced by one half to
£40,000. If net assets were £395,000, calculate JKL's revenue reserves.
A) 40,000
60,000
75,000
95,000
BCD was acquired by EFG when net assets of the former were £240,000. In line with
group policy, the property was revalued by £120,000 at the time of acquisition. EFG paid
£340,000 buying 80% of BCD. Calculate the non-controlling (minority) interests.
A)
시티이미
D)
96,000
72,000
48,000
24,000
Transcribed Image Text:ABC's property originally cost £300,000. After 10 years use it was revalued by £200,000. This building is depreciated at 2% per annum. Calculate annual depreciation charges following the revaluation. A) 18,000 B) 16,000 C) 15,000 D) 11,000 DEF raised £21,000 in a 2:5 Rights Issue. Pre-rights share capital comprised 60,000 £1nv shares, and the post-rights share price was £1.25. Calculate the pre-rights share price. A) 1.30 B) 1.36 C) 1.40 D) 1.42 GHI leased plant over five years. Annual payments were £23,000 in arrears with interest rates at 5%. Licensing fees to operate this plant cost GHI £15,000. Calculate the Right-of- Use value of this asset in GHI's accounts. A) 109,578 B) 114,578 ABUD 129,578 134,578 Following a 1:6 bonus issue at JKL, the share premium account reduced by one half to £40,000. If net assets were £395,000, calculate JKL's revenue reserves. A) 40,000 60,000 75,000 95,000 BCD was acquired by EFG when net assets of the former were £240,000. In line with group policy, the property was revalued by £120,000 at the time of acquisition. EFG paid £340,000 buying 80% of BCD. Calculate the non-controlling (minority) interests. A) 시티이미 D) 96,000 72,000 48,000 24,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education