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Hi Sir,in the question 32 b)STOCE how to get the share premium 1800 ?
Hope u can reply me thanksSorry, didn’t realise you’d included the question in the title of your forum post, my bad!
The shares have been issued at $2.20, which is $1.20 above the par value of $1. If we multiply the $1.20 by the 1.5 million shares that have been issued then we arrive at the answer.
Thanks
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