Tutorial 4
Jane Lazar (8th Edition)-Chapter 2 -
Company and Group Financial
Reporting
Question 2.1
page: 31
Question 2.2
page: 31
Denominations x received Denominations x Successful
Total = 40,000 Total = 20,000
Total application
Restricted: 5,000,000 x RM2 = RM10,000,000
Public: 40,000,000 x RM2 = RM80,000,000 (offer are only 20,000,000;
oversubscribed until 40,000,000.
Unsuccessful application
Successful application
Share capital: 25,000,000 x RM1 = RM25,000,000
Premium: 25,000,000 x RM1 (offering price par value) = RM25,000,000
Originally:
Authorised capital of 70,000,000 ordinary shares of RM1 each (5,000,000
ordinary shares fully paid)
Transaction:
Issues another 25,000,000.
Total issued:
5,000,000 + 25,000,000
Question 2.4
page: 32
30m 10
13,000,000
Question 2.5
page: 33
RM1