CIMA Exam CIMAPRA17-BA3-1 Topic 3 Question 106 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 106
Topic #: 3

[All CIMAPRA17-BA3-1 Questions]

Refer to the exhibit.

A company has the following equity balances at the beginning of the year:

During the year the company issued 100,000 new shares at $1.20 each

What are the equity balances after this issue?

Show Suggested Answer

Suggested Answer: A, C, F

by Alethea at Jan 26, 2025, 10:55 PM

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4 days ago

So, the answer must be A.

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8 days ago

I agree with you, Keith. The company will have more equity with the new shares issued.

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10 days ago

I think the equity balances will increase after issuing new shares.

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