9. On Janvory 1,2020, Ever Company purchased 100000 ordinary STures VI Company at P80 per shore. On September 30,2020, Ever received 100.000 stock rights to purchase an addifional 100,000 shares af...


9. On Janvory 1,2020, Ever Company purchased 100000 ordinary STures VI<br>Company at P80 per shore. On September 30,2020, Ever received 100.000 stock<br>rights to purchase an addifional 100,000 shares af P90 per share. The stock rights<br>hod an expirotion date of February ).2021. On September30.2020. ABC's shore<br>had a market value ex-right of Pl14 perstare and fhe stock right had a market<br>vove of Po.<br>1. What amount should Ever report in its September30.2020 statement.of<br>financialposiífion as investrment in stock rights?<br>a) 500.000<br>5. 400,000<br>C. 100.000<br>d. 600,000<br>too,000%<br>2. Whatis the total cost of the new invesiment if oll of the stock rights are<br>exercised?<br>0. 1800.000<br>b. 1,600,000<br>C. 2.200.000<br>d. 2A00/000<br>900,000X4<br>

Extracted text: 9. On Janvory 1,2020, Ever Company purchased 100000 ordinary STures VI Company at P80 per shore. On September 30,2020, Ever received 100.000 stock rights to purchase an addifional 100,000 shares af P90 per share. The stock rights hod an expirotion date of February ).2021. On September30.2020. ABC's shore had a market value ex-right of Pl14 perstare and fhe stock right had a market vove of Po. 1. What amount should Ever report in its September30.2020 statement.of financialposiífion as investrment in stock rights? a) 500.000 5. 400,000 C. 100.000 d. 600,000 too,000% 2. Whatis the total cost of the new invesiment if oll of the stock rights are exercised? 0. 1800.000 b. 1,600,000 C. 2.200.000 d. 2A00/000 900,000X4

Jun 11, 2022
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