Question

3. Calculate the purchase consideration from the following details:
The purchasing company has agreed to issue 8000 equity shares of 10 each at
par, 500, 8% preference shares of 100 each at 10% premium, 1000 debentures
of 50 each at 10% discount and pay cash equal to 10% of total purchase
consideration.​

Answer 1

Answer:The total purchase is 4338 rupees.

Explanation:

3. Calculate the purchase consideration from the following details:

The purchasing company has agreed to issue 8000 equity shares of 10 each at

par, 500, 8% preference shares of 100 each at 10% premium, 1000 debentures

of 50 each at 10% discount and pay cash equal to 10% of total purchase

consideration.:-

Now the final equity of the house is needed to be calculated so we start with the discounts:-

So now we start with the problem statement:-

We get the value after the discount in equity as:-

we have a discount of 8 percent on 1000 10% on 1000 and finally 50 percent on 6000 so the total discounts is:-

80+100+3000=3180 and we remove the amount from the total and we get the valuation to 4820 is the final value of the house.

We get that:-

more 10 percent on the house implies decrease of 482 more so the cost comes down to:-

4338 rupees.

Which is the total purchase:-

Implies the answer is 4338 rupees:

Answer:-The total purchase is 4338 rupees.

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