Homework Help is Here – Start Your Trial Now!
Business
Finance
M Ltd is geared with leverage of 20%. Corporate net assets were £300,000. Calculate M's shareholder funds. PROD £250,000 £220,000 £180,000 £160,000 J Ltd makes a 1:5 bonus issue entirely from its share premium account of £50,000. Revenue reserves were £60,000 at the time. Calculate J's net assets. ABOD £310,000 £340,000 £360,000 £370,000 G Ltd leased plant over five years making yearly payments of £25,000 in arrears. Annual interest rates were 5%. Calculate the lease liability at the end of the first year. A) £103,237 £108,237 ABOD £119,237 £134,237 D Ltd made a 1:4 Rights Issue at £1.25 per share increasing its share capital to 50,000 (£1nv). If pre-rights share prices were £1.50, calculate the post-rights share price. ABUD A) £1.32 £1.38 £1.45 £1.48 Z Ltd bought property for £200,000. After 10 years in business use it was revalued by £60,000. The building is depreciated at 4% per annum (straight line). Calculate annual depreciation charges after the revaluation. A) £8,000 ABOD £6,000 £5,000 £4,000

M Ltd is geared with leverage of 20%. Corporate net assets were £300,000. Calculate M's shareholder funds. PROD £250,000 £220,000 £180,000 £160,000 J Ltd makes a 1:5 bonus issue entirely from its share premium account of £50,000. Revenue reserves were £60,000 at the time. Calculate J's net assets. ABOD £310,000 £340,000 £360,000 £370,000 G Ltd leased plant over five years making yearly payments of £25,000 in arrears. Annual interest rates were 5%. Calculate the lease liability at the end of the first year. A) £103,237 £108,237 ABOD £119,237 £134,237 D Ltd made a 1:4 Rights Issue at £1.25 per share increasing its share capital to 50,000 (£1nv). If pre-rights share prices were £1.50, calculate the post-rights share price. ABUD A) £1.32 £1.38 £1.45 £1.48 Z Ltd bought property for £200,000. After 10 years in business use it was revalued by £60,000. The building is depreciated at 4% per annum (straight line). Calculate annual depreciation charges after the revaluation. A) £8,000 ABOD £6,000 £5,000 £4,000

Essentials Of Investments
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
See similar textbooks
icon
Related questions
Question
M Ltd is geared with leverage of 20%. Corporate net assets were £300,000. Calculate M's shareholder funds. PROD £250,000 £220,000 £180,000 £160,000 J Ltd makes a 1:5 bonus issue entirely from its share premium account of £50,000. Revenue reserves were £60,000 at the time. Calculate J's net assets. ABOD £310,000 £340,000 £360,000 £370,000 G Ltd leased plant over five years making yearly payments of £25,000 in arrears. Annual interest rates were 5%. Calculate the lease liability at the end of the first year. A) £103,237 £108,237 ABOD £119,237 £134,237 D Ltd made a 1:4 Rights Issue at £1.25 per share increasing its share capital to 50,000 (£1nv). If pre-rights share prices were £1.50, calculate the post-rights share price. ABUD A) £1.32 £1.38 £1.45 £1.48 Z Ltd bought property for £200,000. After 10 years in business use it was revalued by £60,000. The building is depreciated at 4% per annum (straight line). Calculate annual depreciation charges after the revaluation. A) £8,000 ABOD £6,000 £5,000 £4,000
Transcribed Image Text:M Ltd is geared with leverage of 20%. Corporate net assets were £300,000. Calculate M's shareholder funds. PROD £250,000 £220,000 £180,000 £160,000 J Ltd makes a 1:5 bonus issue entirely from its share premium account of £50,000. Revenue reserves were £60,000 at the time. Calculate J's net assets. ABOD £310,000 £340,000 £360,000 £370,000 G Ltd leased plant over five years making yearly payments of £25,000 in arrears. Annual interest rates were 5%. Calculate the lease liability at the end of the first year. A) £103,237 £108,237 ABOD £119,237 £134,237 D Ltd made a 1:4 Rights Issue at £1.25 per share increasing its share capital to 50,000 (£1nv). If pre-rights share prices were £1.50, calculate the post-rights share price. ABUD A) £1.32 £1.38 £1.45 £1.48 Z Ltd bought property for £200,000. After 10 years in business use it was revalued by £60,000. The building is depreciated at 4% per annum (straight line). Calculate annual depreciation charges after the revaluation. A) £8,000 ABOD £6,000 £5,000 £4,000
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
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
SEE MORE TEXTBOOKS