F2 Exam Question 6

Which TWO of the following are true for an entity raising equity finance using a rights issue rather than a placing of equity shares to new investors?
  • F2 Exam Question 7

    Calculate the value of non controlling interest that will be presented in KL's consolidated statement of financial position at 31 December 20X9?
    Give your answer to the nearest whole $'000.
    $ ? 000

    F2 Exam Question 8

    CD reported a balance of $3,000,000 for property, plant and equipment in its individual financial statements at 31 December 20X8.
    Calculate the value of the property, plant and equipment that will be included in CD's consolidated statement of financial position.
    Give your answer to the nearest $000.
    $? 000

    F2 Exam Question 9

    GH owned 70% of the equity share capital of XY at 1 January 20X6. GH acquired a further 20% of XY's equity share capital on 31 December 20X6 for $430,000. Non controlling interest was measured at
    $600,000 immediately prior to the 20% acquisition.
    Which of the following amounts will GH debit to non controlling interest when the 20% acquisition is adjusted for in its consolidated financial statements at 31 December 20X6?
  • F2 Exam Question 10

    EF has redeemable 10% bonds which are currently trading at $94.00 for each $100 of nominal value. The bonds can be redeemed at par in five years' time. The corporate income tax rate is 22%.
    The present value of the cash flows associated with $100 nominal value of these bonds at a discount rate of 7% is $9.28.
    Calculate the post tax cost of debt.
    Give your answer as a percentage to one decimal place.
    %