🚀 NEW from the xtremepape.rs team: AI exam prep — 150,000+ worked solutions, and it marks your handwritten working from a photo. Sign in with your forum account & try it free → prepare.xtremepape.rs
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...
🚀 NEW from the xtremepape.rs team: AI exam prep — 150,000+ worked solutions, and it marks your handwritten working from a photo. Sign in with your forum account & try it free → prepare.xtremepape.rs