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1. How should a company account for the legal costs of formation? Should the accounting treatment be the same as that for underwriting and other share issue costs?
2. What is a rights issue? Distinguish between a renounceable and a non-renounceable rights issue. How would a company account for such issues?
Each answer should be min 300 words in proper formatting
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3. What is private placement of shares? What are the advantages and disadvantages of a private placement
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you will save 200 each month you need to be a millionaire 20 years later then what is the interest rate helping you
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