Part 1. Doon opened a shop on 1 December 20X0 with capital of £10,000. In her first year of trading she made a net profit of £95,000. She injected additional capital of £20,000 in the year and withdrew monthly amounts of £4,500 for her living expenses. She also took goods from stock which cost £15,000 and had a selling price of £18,500.What was Doon 's closing capital at 30 November 20X12 A. £52,500 B. £56,000 C. £71,000 D.£105,500
Part 1. Doon opened a shop on 1 December 20X0 with capital of £10,000. In her first year of trading she made a net profit of £95,000. She injected additional capital of £20,000 in the year and withdrew monthly amounts of £4,500 for her living expenses. She also took goods from stock which cost £15,000 and had a selling price of £18,500.What was Doon 's closing capital at 30 November 20X12 A. £52,500 B. £56,000 C. £71,000 D.£105,500
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Part 1. Doon opened a shop on 1 December 20X0 with capital of £10,000. In her first year of trading she made a net profit of £95,000. She injected additional capital of £20,000 in the year and withdrew monthly amounts of £4,500 for her living expenses. She also took goods from stock which cost £15,000 and had a selling price of £18,500.What was Doon 's closing capital at 30 November 20X12
A. £52,500 B. £56,000 C. £71,000 D.£105,500
Part 2. Tal plc has £1,500,000 equity share capital in 50p shares at 1 January 20X3 and issues 1 million new equity 50p shares on 1 April 20x3.
On 1 March 20X3 Tal plc pays a dividend of 10p per share, and on 1 September 20x3 the company pays a dividend of 5p per share.
What are the total equity dividends paid by Tal plc in the year ended 31 December 20X3?
A £250,000 B. £275,000 C. £350,000 D £500,000
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