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Proprietary Ratio

A Ltd, Acquir...

Question

A Ltd, Acquired, assets worth Rs. $15, 00, 000$ form H Ltd. By issue of shares of Rs. $100$ $@$ 25% premium issued to settle the purchase consideration will be __________.

A

12, 000

shares

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B

15, 000

shares

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C

18750

shares

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D

11, 250

shares

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Solution

The correct option is A $12, 000$ shares
Worth of the Assets = 15,00,000
Share issue price = 100 + 100*25% = 125
Number of shares to be issued = 15,00,000/125
= 12,000 shares.
Number of shares = purchase consideration/ premium price

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