Question 10
Company AccountsIn a bonus issue of one new share for every four held, a holder of 100,000 shares will get additional shares of
- A.50,000
- B.25,000
- C.20,000
- D.10,000.
Show the answer and explanation
Answer: B (25,000)
Explanation
100,000 ÷ 4 = 25,000 bonus shares.