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Questions on Rights issue ！！！ Please help

Hi yall, i came across this question and couldnt figure out how the correct answer for Rights issue is $22000. In my calculation: 1. number of old shares : $440,000/2 = 220,000shares 2. number of new shares to be issued : 110,000 shares 3. value of rights share : 110,000 x 2 =220,000 share...
- lindachen
- Thread
- Mar 1, 2023
- as accounting rights share
- Replies: 0
- Forum: A-Levels

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