Register now or log in to join your professional community.
<p><span style="text-align:justify;">(<strong>a)Market Price is equal to Book Value of share, </strong></span></p> <p><strong><span style="text-align:justify;">(b)Shareholders are ready to subscribe to right issue,</span></strong></p> <p><strong><span style="text-align:justify;">(c).Market Price is more than Issue Price,</span></strong></p> <p><strong><span style="text-align:justify;">(d) AC of the three above.</span></strong></p>
D
d
The term "share capital" refers to the amount invested by the owners in the business. The capital stock includes common and preferred shares. Share capital differs from equity because it does not include retained earnings. It consists only of the capital injected by the owners into the business by acquiring shares.
Answer D correct answer
a & b & c.
