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  1. S

    June 2005 p3 A-level Accounting MCQ

    Net Assets = 25000+13000+18500-17000-500(Bad debt) = 39000 Goodwill = 10000 Now, 10000= ( x (let) +1500 (allowance for stock loss) ) - 39000 x = 47500 Number of shares = 47500*2 = 95000 Since value of each share is 0.5
  2. S

    June 2005 p3 A-level Accounting MCQ

    78200 / (8000 + 60/100 X 2000) = 8.5
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