book writtent assignment and exam on whatsapp 0645167275
book writtent assignment and exam on whatsapp 0645167275
book writtent assignment and exam on whatsapp 0645167275
book writtent assignment and exam on whatsapp 0645167275
book writtent assignment and exam on whatsapp 0645167275
Dashboard Calendar
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
Started on Thursday, 28 August 2025, 1:48 PM
State Finished
Completed on Thursday, 28 August 2025, 2:18 PM
Time taken 30 mins 15 secs
Question 1
Complete
Marked out of 2.00
The issued share capital of CCM (Pty) Ltd on 1 March 2024, consist of:
R
Ordinary Share Capital 7 550 000
All the ordinary shares were originally issued at R10 each no additional shares were issued up to the beginning of the current financial
year.
During the current financial year ended on 28 February 2025, a further 155 000 ordinary shares were issued. At the end of the current
financial year the directors decided to make a capitalisation issue of one ordinary share for every five ordinary shares held at R8 per
share.
Required:
What is the number of capitalisation shares issued during the 2025 financial year?
1. R192 000
2. R185 000
3. R179 000
4. R182 000
,Question 2
Complete
Marked out of 2.00
Dashboard Calendar
The following balances were taken from the books of ZTL Ltd on 31 December 2024, the financial year end of the company:
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
R
Issued Ordinary share capital (R1 shares) 550 000
35 000 10% non-cumulative preference shares 220 000
15 000 12% cumulative preference shares 90 000
Retained earnings 650 000
Occasionally companies build up large reserves from their accumulated profits. To enable shareholders to derive some tangible
benefits from these reserves, the company may decide to capitalise these reserves and distribute them among the shareholders in the
form of capitalisation shares.
Included in the capital structure above are the following transaction that took place during the current financial year that ended on 31
December 2024:
· A Capitalisation issue that the directors made on 1 December 2024 of one ordinary share for every four shares held at R1,00 per
share;
The directors of the company also approved the following transactions during the year:
· The issue of 5 000 12% cumulative preferences shares at R5 per share on 1 November 2024.
· Dividends on ordinary shares was declared at 10c per share on 31 December 2024. No dividends were declared or paid during the
previous financial year.
Required:
What will the rand value be of the capitalization share issue, issued to shareholders at 1 December 2024?
1. R150 000
2. R110 000
3. R100 000
4. R137 000
Question 3
Complete
Marked out of 2.00
Logi Ltd underwrites 60% of an issue of 2 000 000 ordinary shares at R5 each in Gelmar Ltd. The underwriting commission is 5% and
the public takes up 1 150 000 shares.
Required:
Which one of the following amounts will be the liability of the underwriter?
1. R3 850 000
2. R4 250 000
3. R2 550 000
4. R2 250 000
,Question 4
Complete
Marked out of 2.00
Dashboard Calendar
Nexis Ltd underwrites 65% of an issue of 750 000 ordinary shares at R15 each in Karce Ltd. The underwriting commission is 7,5% and
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
the public takes up 680 000 shares.
Required:
Which one of the following amounts will be the liability of the underwriter?
1. R2 500 000
2. R682 500
3. R1 050 000
4. R850 000
, Question 5
Complete
Marked out of 2.00
Dashboard Calendar
Occasionally companies build up large reserves from their accumulated profits. To enable shareholders to derive some tangible
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
benefits from these reserves, the company may decide to capitalise these reserves and distribute them among the shareholders in the
form of capitalisation shares.
The following balances were taken from the books of Congo Ltd on 31 December 2024, the financial year end of the company:
R
Issued ordinary share capital (R1 shares) 1 100 000
70 000 10% non-cumulative preference shares 440 000
30 000 12% cumulative preference shares 180 000
Retained earnings 1 300 000
Included in the capital structure above are the following transaction that took place during the current financial year that
ended on 31 December 2024:
A capitalisation issue that the directors made on 1 December 2024 of one ordinary share for every four shares held at R1,00 per
share.
The directors of the company also approved the following transactions during the year:
· The issue of 10 000 12% cumulative preferences shares at R5 per share on 1 November 2024.
· Dividends on ordinary shares was declared at 10c per share on 31 December 2024. No dividends were declared or paid during the
previous financial year.
REQUIRED:
The rand value of the capitalisation share issue to the shareholders, amounts to:
1. R220 000
2. R275 000
3. R1 100 000
4. R550 000
book writtent assignment and exam on whatsapp 0645167275
book writtent assignment and exam on whatsapp 0645167275
book writtent assignment and exam on whatsapp 0645167275
book writtent assignment and exam on whatsapp 0645167275
Dashboard Calendar
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
Started on Thursday, 28 August 2025, 1:48 PM
State Finished
Completed on Thursday, 28 August 2025, 2:18 PM
Time taken 30 mins 15 secs
Question 1
Complete
Marked out of 2.00
The issued share capital of CCM (Pty) Ltd on 1 March 2024, consist of:
R
Ordinary Share Capital 7 550 000
All the ordinary shares were originally issued at R10 each no additional shares were issued up to the beginning of the current financial
year.
During the current financial year ended on 28 February 2025, a further 155 000 ordinary shares were issued. At the end of the current
financial year the directors decided to make a capitalisation issue of one ordinary share for every five ordinary shares held at R8 per
share.
Required:
What is the number of capitalisation shares issued during the 2025 financial year?
1. R192 000
2. R185 000
3. R179 000
4. R182 000
,Question 2
Complete
Marked out of 2.00
Dashboard Calendar
The following balances were taken from the books of ZTL Ltd on 31 December 2024, the financial year end of the company:
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
R
Issued Ordinary share capital (R1 shares) 550 000
35 000 10% non-cumulative preference shares 220 000
15 000 12% cumulative preference shares 90 000
Retained earnings 650 000
Occasionally companies build up large reserves from their accumulated profits. To enable shareholders to derive some tangible
benefits from these reserves, the company may decide to capitalise these reserves and distribute them among the shareholders in the
form of capitalisation shares.
Included in the capital structure above are the following transaction that took place during the current financial year that ended on 31
December 2024:
· A Capitalisation issue that the directors made on 1 December 2024 of one ordinary share for every four shares held at R1,00 per
share;
The directors of the company also approved the following transactions during the year:
· The issue of 5 000 12% cumulative preferences shares at R5 per share on 1 November 2024.
· Dividends on ordinary shares was declared at 10c per share on 31 December 2024. No dividends were declared or paid during the
previous financial year.
Required:
What will the rand value be of the capitalization share issue, issued to shareholders at 1 December 2024?
1. R150 000
2. R110 000
3. R100 000
4. R137 000
Question 3
Complete
Marked out of 2.00
Logi Ltd underwrites 60% of an issue of 2 000 000 ordinary shares at R5 each in Gelmar Ltd. The underwriting commission is 5% and
the public takes up 1 150 000 shares.
Required:
Which one of the following amounts will be the liability of the underwriter?
1. R3 850 000
2. R4 250 000
3. R2 550 000
4. R2 250 000
,Question 4
Complete
Marked out of 2.00
Dashboard Calendar
Nexis Ltd underwrites 65% of an issue of 750 000 ordinary shares at R15 each in Karce Ltd. The underwriting commission is 7,5% and
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
the public takes up 680 000 shares.
Required:
Which one of the following amounts will be the liability of the underwriter?
1. R2 500 000
2. R682 500
3. R1 050 000
4. R850 000
, Question 5
Complete
Marked out of 2.00
Dashboard Calendar
Occasionally companies build up large reserves from their accumulated profits. To enable shareholders to derive some tangible
Dashboard / My courses / FAC2601-25-S2 / Welcome Message / Assessment 1 - MCQ (28 August 2025)
benefits from these reserves, the company may decide to capitalise these reserves and distribute them among the shareholders in the
form of capitalisation shares.
The following balances were taken from the books of Congo Ltd on 31 December 2024, the financial year end of the company:
R
Issued ordinary share capital (R1 shares) 1 100 000
70 000 10% non-cumulative preference shares 440 000
30 000 12% cumulative preference shares 180 000
Retained earnings 1 300 000
Included in the capital structure above are the following transaction that took place during the current financial year that
ended on 31 December 2024:
A capitalisation issue that the directors made on 1 December 2024 of one ordinary share for every four shares held at R1,00 per
share.
The directors of the company also approved the following transactions during the year:
· The issue of 10 000 12% cumulative preferences shares at R5 per share on 1 November 2024.
· Dividends on ordinary shares was declared at 10c per share on 31 December 2024. No dividends were declared or paid during the
previous financial year.
REQUIRED:
The rand value of the capitalisation share issue to the shareholders, amounts to:
1. R220 000
2. R275 000
3. R1 100 000
4. R550 000
