Plow Co purchased 3,500 of the 10,000 $1 equity shares of Styre Co on 1 August 20X4 for $6.50 per share. Styre Co's profit after tax for the year ended 31 July 20X5 was $7,500. Styre Co paid a dividend of $0.50 per share on 31 December 20X4.  Calculate the carrying amount of the investment in Styre Co in the consolidated statement of financial position of Plow Co as at 31 July 20X5 (to the nearest whole $).

Coral Co has net profit for the year ended 30 September 20X5 of $10,500,000. Coral hashad 6 million shares in issue for many years. On 1 October 20X4 Coral issued a convertiblebond. It had an initial liability element of $2,500,000, and the market interest rate for non‐convertible instruments is 8%. The bond is convertible in five years, with 50 shares issued forevery $100 nominal of convertible bond held. Coral Co pays tax at a rate of 28% What is theDiluted Earnings per Share figure?A 177.4¢B 175.0¢C 147.6¢D 146.8¢

Storico currently has 36,000 shares outstanding that sell for $48.05 per share. The company plans to issue a stock dividend of 12.5 percent. How many new shares will be issued?

Noel Company's common stock has just paid a $2.00 dividend. If investors believe that the expected rate of return on P. Noel is 14% and that dividends will grow at the rate of 5% per year for the foreseeable future, what is the value of a share of P. Noel stock? A. $15.00 B. $22.22 C. $23.33 D. $40.00

Select the correct answerA, B, C start a business each investing Rs 20,000. After 5 month A withdraws Rs 5,000, B withdraws Rs 4,000 & C invests Rs 6,000 more. At the end of the year, a total profit of Rs 69,900 was recorded. Find the share of A?Options20,50020,70020,60020,400

Cross Corporation has Net Income of $4,095. Their retention ratio is 65%. How much will they payout in dividends this year?