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Mini Exercise, 10 Goodwill Question 1 Petras & Signe

This topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.

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November 29, 2015 at 11:26 am #286104
DreamerSK
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How do we know that Signe had 4 million $1 dollar shares in issue?
November 29, 2015 at 9:48 pm #286219
MikeLittle
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Are you querying the 4 million or the $1?
November 30, 2015 at 12:48 am #286268
DreamerSK
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The $1.
November 30, 2015 at 8:33 am #286323
MikeLittle
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It’s not specifically identified (thanks for pointing it out :-)) but in such cases (thankfully very rare) you would be entitled to assume a $1 nominal value
Most people have done in the past! You’re the first to query it
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