Step 1: Understand the Net Asset Method. The net asset method values a company based on its net assets, which is equivalent to its total equity. a) Estimate the total value of the company using the net asset method. Step 1: Identify the components of Total Equity from the provided table. The table lists the following equity components: • Ordinary shares of 50 kobo each: 50 • Revaluation reserve: 80 • Retained profits: 145 Step 2: Calculate the Total Equity. The total value of the company using the net asset method is equal to its Total Equity. $$ \text{Total Equity} = \text{Ordinary shares} + \text{Revaluation reserve} + \text{Retained profits} $$ $$ \text{Total Equity} = 50 + 80 + 145 = 275 $$ The table also directly states "Total equity: 275". The total value of the company using the net asset method is $\boxed{\text{275}}$. b) Estimate the value of each share of XYZ Limited. Step 1: Determine the number of ordinary shares. The ordinary shares have a nominal value of 50 kobo each. The total nominal value of ordinary shares is given as 50. Since 1 kobo = N0.01, then 50 kobo = N0.50. $$ \text{Number of ordinary shares} = \frac{\text{Total nominal value of ordinary shares}}{\text{Nominal value per share}} $$ $$ \text{Number of ordinary shares} = \frac{50}{0.50} = 100 \text{ shares} $$ Step 2: Calculate the value of each share. The value of each share is calculated by dividing the Total Equity by the Number of ordinary shares. $$ \text{Value per share} = \frac{\text{Total Equity}}{\text{Number of ordinary shares}} $$ $$ \text{Value per share} = \frac{275}{100} = 2.75 $$ The value of each share of XYZ Limited is $\boxed{\text{2.75}}$. Send me the next one 📸