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G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:
- a)6,000 shares
- b)5,000 shares
- c)9,375 shares
- d)7,500 shares
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share ...
The number of shares to be issued by G Ltd. to settle the purchase consideration is:
7,500 shares
This can be calculated by dividing the total purchase consideration (Rs. 75,000) by the value of each share (Rs. 10 + Rs. 5 premium = Rs. 15 per share). 75,000 / 15 = 5,000 shares
Option 4, 7,500 shares is the correct answer
Most Upvoted Answer
G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share ...
When we acquire the assets of 75000. and per share costing is given 10+ 5,( which is for premium) so that the per share costing is 15 so the assets is acquired from him for (75000/5)5000 shares.
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G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share ...
Calculation:
To calculate the number of shares to be issued by G Ltd., we need to determine the total purchase consideration and divide it by the issue price per share.
Total Purchase Consideration:
The total purchase consideration is the value of the assets acquired by G Ltd. from H Ltd. In this case, it is given as Rs. 75,000.
Issue Price per Share:
The issue price per share is the sum of the face value and premium per share. In this case, the face value is Rs. 10 and the premium is Rs. 5. Therefore, the issue price per share is Rs. 15.
Number of Shares to be Issued:
To calculate the number of shares to be issued, we divide the total purchase consideration by the issue price per share.
Number of Shares = Total Purchase Consideration / Issue Price per Share
Number of Shares = Rs. 75,000 / Rs. 15 = 5,000 shares
Therefore, the correct answer is option 'D' - 5,000 shares.
To calculate the number of shares to be issued by G Ltd., we need to determine the total purchase consideration and divide it by the issue price per share.
Total Purchase Consideration:
The total purchase consideration is the value of the assets acquired by G Ltd. from H Ltd. In this case, it is given as Rs. 75,000.
Issue Price per Share:
The issue price per share is the sum of the face value and premium per share. In this case, the face value is Rs. 10 and the premium is Rs. 5. Therefore, the issue price per share is Rs. 15.
Number of Shares to be Issued:
To calculate the number of shares to be issued, we divide the total purchase consideration by the issue price per share.
Number of Shares = Total Purchase Consideration / Issue Price per Share
Number of Shares = Rs. 75,000 / Rs. 15 = 5,000 shares
Therefore, the correct answer is option 'D' - 5,000 shares.
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G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer?
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G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer?.
G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer?.
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G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of share of Rs. 10 at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration:a)6,000 sharesb)5,000 sharesc)9,375 sharesd)7,500 sharesCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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