Calculate Shares in Issue and Ordinary Share Capital

March 30, 2026Economics

ScanSolve AI Answer

March 30, 2026

Answer

1,200,000 \text{ shares}$$

Here are the calculations and the report on equity, dividends, retained earnings, liability to SARS, and distribution of profits for Alice Digital Ltd. for the year ended 28 February 2025.

Step 1: Calculate Shares in Issue and Ordinary Share Capital

Shares in issue at 1 March 2024: $2,000,000 shares (authorised) \times 60\% = 1,200,000 \text{ shares}$
Value of Ordinary Share Capital at 1 March 2024:

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Calculate Shares in Issue and Ordinary Share Capital Shares in issue at 1 March 2024: 2,000,000 shares (authorised) × 60\% = 1,200,000 shares Value of Ordinary Share Capital at 1 March 2024: 1,200,000 shares × R10.00…

Asked on March 30, 2026Economics

This economics question tests your understanding of economic models and analysis. The step-by-step answer below applies the relevant framework and explains the reasoning.

ScanSolve AI AnswerAnswered on March 30, 2026

Here are the calculations and the report on equity, dividends, retained earnings, liability to SARS, and distribution of profits for Alice Digital Ltd. for the year ended 28 February 2025. Step 1: Calculate Shares in Issue and Ordinary Share Capital Shares in issue at 1 March 2024: 2,000,000 shares (authorised) × 60\% = 1,200,000 shares Value of Ordinary Share Capital at 1 March 2024: 1,200,000 shares × R10.00