FIN 358 - BA1115E

1. PUTERI AKASHAH BINTI ABDUL RASHID

2. FAQIHAH NAFISAH BINTI HUSSIN
3. NUR AFILDA AMANI BINTI MOHD ZAMRI
4. MIRZA HAFIZI BIN MAZLAN
5. NIK MUHAMAD NAZIFI BIN MOHAMED NUBLI

JUNE 2019 – QUESTION 4(D)

 Step 1
100 000
NOSO (old) =
1.25

= 80 000 shares
NOSO (New) = 15% × 80 000
= 12 000 shares
CS (new) = (80 000 + 12 000) × 1.25
= RM 115 000

 Step 2
Increase premium = (12-1.25) × 12 000
= RM 129 000
New premium = 265 000 + 129 000
= RM 394 000

 Step 3
Decrement in RE = 12 × 12 000
= RM 144 000
New RE = RM 550 000 – RM 144 000
= RM 406 000
  Step 4
Common Stock = RM 115 000
Premium = RM 394 000
Retained Earnings = RM 406 000
Total Net Worth = RM 915 000

60 000
EPS = 80 000+12 000
= RM 0.6522

JUNE 2019 – QUESTION 6(B)

 Stock Split: 4 for 1 stock

 Step 1
𝑃𝑉 (0𝑙𝑑)
New par value = 𝑎
𝑏

𝑅𝑀 2
= 4/1

= RM 0.50
 Step 2
NOS (New) = NOS × a/b
= 2 500 000 × (4/1)
= 10 000 000 shares

 Step 3
Common stock (RM 0.5) = 5 000 000
Premium = 10 000 000
Retained Premium = 20 000 000
35 000 000