(a)[2]
Explain how share premium comes about.
(b)[3]
Calculate how much finance must be obtained through the issue of the debenture.
(c(i))[9]
Prepare the statement of changes in equity for the year ended 31 March 2017 (a total column is not required).
(c(ii))[2]
Prepare any note supporting the financial statements for the proposed dividend.
(d)[9]
Recommend whether the directors ought to fund the planned expansion through loans or rights issues. Justify your choice with suitable calculations.