Bakers share their () for sweet treats to accompany a cup of tea.
A.receipts
B.secrets
C.recipes
D.prescriptions
A.receipts
B.secrets
C.recipes
D.prescriptions
(b) Paying a dividend of 10c per share (1 mark)
My husband and I both go out to work,________we share housework at home.
A.for
B.so
C.yet
D.or
(d) Calculate the ex dividend share price predicted by the dividend growth model and discuss the company’s
view that share price growth of at least 8% per year would result from expanding into the retail camera
market. Assume a cost of equity capital of 11% per year. (6 marks)
Why did the early Pilgrims want to share their feast with the Indians?
A. To show friendship.
B. To ask for their help in the coming winter.
C. So they could eat some Indian bread puddings.
D. To try to teach them to grow crops.
(c) Calculate the theoretical ex rights price per share and the net funds to be raised by the rights issue, and
determine and discuss the likely effect of the proposed expansion on:
(i) the current share price of Merton plc;
(ii) the gearing of the company.
Assume that the price–earnings ratio of Merton plc remains unchanged at 12 times. (11 marks)
(b) (i) Advise Benny of the income tax implications of the grant and exercise of the share options in Summer
Glow plc on the assumption that the share price on 1 September 2007 and on the day he exercises the
options is £3·35 per share. Explain why the share option scheme is not free from risk by reference to
the rules of the scheme and the circumstances surrounding the company. (4 marks)
Albania and South Africa share a seat in the BIS.
A.Right
B.Wrong
C.Doesn't say
A.connect
B.combine
C.compete
D.compare