(b) It is a long established rule that companies are not permitted to issue shares for a consideration that is less than the nominal value of the shares together with any premium due. The strictness of this rule may be seen in Ooregum Gold Mining Co of India v Roper (1892). In that...
With regard to payment for shares in the context of capital maintenance, explain the meaning and legal effect of the following: (a) issuing shares at a premium; (5 marks) 答案: 手机看题 问答题 In relation to the formation of a company explain: (a) the role and duties of promoters, ...
office building that occurred during the current financial year B Profit on the sale of an asset sold after the end of the current financial year C A depreciation charge made in the current financial year D A premium received on the nominal value of shares issued in the current financial ...
delisting (股票) 停止上市 at a premium (股票) 超过票面以上的价格 limit order (股票) 限定性指令 stop order (股票) 停止损失指令 date payable (股票) 派息日 tip sheet (股票等) 内情通报 price of money(股票) 延期日息 transfer of names (指股票的) 转名 contango day (股票交易) 升水日 ...
Vertical Aerospace has closed a deal under which it raised $90 million in proceeds, generating cash needed to help fund continued development of its VX4 electric air taxi. The UK-based company, whose shares are publicly traded on the New York Stock Exchange, said on 24 January it...
Definition of Bonds Bonds payable are a form of long-term debt, which include a formal agreement to pay interest semiannually and the principal amount at maturity. The interest is an expense that reduces the corporation’s earnings and its taxable income. Definition of Stock Shares of common ...
of the oil market, and now marathon management has spent virtually all of the cash that it raised on an acquisition. marathon management is saying it would rather have the assets just bought than marathon shares at $7.65 where the equity was raised. so why would ...
Why do companies issue financial security to the public in different types (shares, debenture, and bonds)? Why would investors purchase junk bonds? Why do companies invest in their own debentures? Why would one want to invest in a bond over a stock? What are some of the risks as...
A company can finance its operations through issuing of debt securities(debt) or by issuing shares(equity). The cost of the debt and equity is key while determining what to use and to what proportions. Answer and Explanation: Learn more about this topic: ...
Issuing Shares for Multiple Assets by Sarah (Miami, FL) Question:How would you write this in a journal entry: a company issued 2,660 shares of its common stock after $31,360 in cash and computer equipment with a fair market value of $43,120 were received....