Mr. Mithun purchased 100 equity shares of M/s Goodmoney Co. Ltd. on 01-04-2007 at rate of` 1,000 per share in public issue of the company bypaying securities transaction tax.Company allotted bonus shares in the ratio of 1:1 on 01.12.2022. He has alsoreceived dividend of` 10 per share on 01.05.2023.He has sold all the shares on 01.10.2023 at the rate of` 4,000 per sharethrough a recognized stock exchange and paid brokerage of 1% andsecurities transaction tax of 0.02%.Compute his total income and tax liability for A.Y. 2024-25 if Mr. Mithunpays tax under default tax regime, assuming that he is having no incomeother than given above. Fair market value of shares of M/s Goodmoney Co.Ltd. on 31.1.2018 is` 2,000

On 1 June 2020, Sam Ltd acquired all the shares in Sato Ltd. At the date of acquisition, all the identifiable net assets of Sato Ltd were at fair value except for inventory which was recorded by the subsidiary at $50,000. The fair value of the inventory was $85,000 at the date of acquisition. The inventory was sold on 1 October 2020 for $80,000. The consolidation entry required on 30 June 2021 is: Group of answer choices

.Question 5Suppose that Mr. K buys 1,000 shares in a software company at $25 / share. The company is currently attracting considerable media attention for its new accounting software, a highly touted product that is expected to become the industry standard, with considerable improvements in both efficiency and ease of use. Mr. K is an accountant who also has considerable expertise in evaluating accounting software options. He read all of the software company’s advance information on the new package and carried out his own extensive research prior to buying the shares. Within two weeks of his purchase, the shares are up to $30, and Mr. K is tempted to sell them. He decides to hold on, however, as the industry excitement about the new software is increasing as the release date approaches. The shares continue to appreciate until there begin to be whispers about a serious bug in the software. In the weeks coming up to the release date, the company’s share price becomes increasingly volatile, as rumors and counter-rumors abound. The company’s share price falls below $30, and then below $25. Occasionally some positive stories on social media cause brief bounces in the price, but Mr. K is becoming increasingly pessimistic about the product. The shares are currently trading at $20. Although Mr. K now believes that the product will fail, he decides to hold onto the shares in the hope that a new rumor will bounce the price up to $25 so that he can sell.Which Prospect Theory feature best explains Mr. K’s behavior during the time that he has owned these shares? 0 / 1 point Risk aversion over gainsLoss aversion Risk seeking over losses

On 1 January 20X4, Sam Co had 3 million ordinary shares in issue. On 1 June 20X4, SamCo made a 1 for 3 bonus issue. On 30 September 20X4, Sam Co issued a further 1 millionshares at full market price. Sam Co had profits attributable to ordinary equity holders of $2million for the year ended 31 December 20X4.What is the basic earnings per share figure for the year ended 31 December 20X4, accordingto IAS 33 Earnings Per Share?A 47.1¢B 52.2¢C 56.8¢D 50.0¢

Co. Ltd. issucd 15,000 shares of 100 each at a discount of 20 pershare payable as follows20 on Application50 on Allotment (including discount)30 on Call.Application were received for 18,000 shares, excess application money wererefundedA shareholder holding 1,000 shares did not pay call money. His shares wereforfeited after call. Out of these 600 shares were re-issued to Mr. Roy

Question 5Suppose that Mr. K buys 1,000 shares in a software company at $25 / share. The company is currently attracting considerable media attention for its new accounting software, a highly touted product that is expected to become the industry standard, with considerable improvements in both efficiency and ease of use. Mr. K is an accountant who also has considerable expertise in evaluating accounting software options. He read all of the software company’s advance information on the new package and carried out his own extensive research prior to buying the shares. Within two weeks of his purchase, the shares are up to $30, and Mr. K is tempted to sell them. He decides to hold on, however, as the industry excitement about the new software is increasing as the release date approaches. The shares continue to appreciate until there begin to be whispers about a serious bug in the software. In the weeks coming up to the release date, the company’s share price becomes increasingly volatile, as rumors and counter-rumors abound. The company’s share price falls below $30, and then below $25. Occasionally some positive stories on social media cause brief bounces in the price, but Mr. K is becoming increasingly pessimistic about the product. The shares are currently trading at $20. Although Mr. K now believes that the product will fail, he decides to hold onto the shares in the hope that a new rumor will bounce the price up to $25 so that he can sell.Which Prospect Theory feature best explains Mr. K’s behavior during the time that he has owned these shares? 1 point Risk aversion over gainsLoss aversion Risk seeking over losses