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Hello there,
I’ve a concern on capital structure, when I read BPP learning & revision Kits, there’s where they get the number of shares divide by nominal value & there is where normal value let’s 25c is multiply by the number of shares in issue.So, when do I multiply? when do I divide?
Thank you so much for your kind help on this.
Rgrds,On the SOFP, the total share capital is the number of shares multiplied by the nominal value of each share.
So if you are given the total nominal value you divide by the nominal value per share in order to get the number of shares in issue.
I do explain this in my free lectures. The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
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I have not been able to sign for the last 3 days.
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