* not completed

. Arthur Limited's share capital consists of ordinary shares with a par value of £0.50 each. The directors decide to issue 200,000 of these shares at a premium of 75 pence per share for cash. How much cash is raised from this issue of shares?

£100,000 correct incorrect

£150,000 correct incorrect

£200,000 correct incorrect

£250,000 correct incorrect

* not completed

. Stuart Limited's share capital is made up of ordinary shares of 20 pence each. The directors decide to issue 150,000 of these shares at a premium of 35 pence per share. How much cash is raised from this issue of shares?

£30,000 correct incorrect

£52,500 correct incorrect

£82,500 correct incorrect

£150,000 correct incorrect

* not completed

. William Limited has ordinary shares of 25 pence each and 6.5% preference shares of £1 each. The directors decide to issue 500,000 ordinary shares at a premium of 10 pence per share together with 150,000 preference shares at par. How much cash is raised from this issue of shares?

£200,000 correct incorrect

£290,000 correct incorrect

£325,000 correct incorrect

£340,000 correct incorrect

* not completed

. Amandeep Limited's ordinary shares have a par value of 50 pence each and its 5.5% preference shares have a par value of £1 each. A recent share issue of 500,000 ordinary shares and 100,000 preference shares raised £425,000. What was the total premium on the issue of these shares?

£75,000 correct incorrect

£125,000 correct incorrect

£175,000 correct incorrect

£350,000 correct incorrect