M Ltd is geared with leverage of 20%. Corporate net assets were £300,000. Calculate M's shareholder funds. A) £250,000 B) £220,000 C) £180,000 D) £160,000 J Ltd makes a 1:5 bonus issue entirely from its share premium account of £50,000. Revenue reserves were £60,000 at the time. Calculate J's net assets. A) £310,000 B) £340,000 £360,000 D £370,000 G Ltd leased plant over five years making yearly payments of £25,000 in arrears. Annual interest rates were 5%. Calculate the lease liability at the end of the first year. A) £103,237 B) £108,237 C) £119,237 D £134,237 D Ltd made a 1:4 Rights Issue at £1.25 per share increasing its share capital to 50,000 (£1nv). If pre-rights share prices were £1.50, calculate the post-rights share price. A) £1.32 B) £1.38 £1.45 £1.48 Z Ltd bought property for £200,000. After 10 years in business use it was revalued by £60,000. The building is depreciated at 4% per annum (straight line). Calculate annual depreciation charges after the revaluation. A) 시이이이 £8,000 £6,000 £5,000 £4,000