GLtd. acquired assets worth INR. 7,50,000 from H Ltd. by issue of shares of INR. 100 at a premium of 25%.
The number of shares to be issued by G Ltd. to settle the purchase consideration = ?
Select one:
O a. 6,000 shares
O b. 8,550 shares
O c. 9,375 shares
O d. 7,500 shares
Answers
Answered by
1
Answer:
No. of shares will be
7,50,000/125*
= 6,000 shares
* 125 = 100 + 25% of 100
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