CIMAPRA19-F02-1-ENG Online Training

Question #1 JKL measure gearing as debt:equity, based on book values. At 31 December 20X5 the ratio is 2:3 and JKL would like this to be 2:5. Which of the following transactions individually would achieve this? A . Bonus issue from the share premium account.B . Revaluation of investment property to an...