A shareholder of Dybbuk Ltd holds 2,500 shares. This holding represents 0.1% of the total...
90.2K
Verified Solution
Link Copied!
Question
Accounting
A shareholder of Dybbuk Ltd holds 2,500 shares. This holding represents 0.1% of the total number of shares issued by the company. The issue price was $46 per share, but the shareholder has only paid $20 for each share. Dybbuk Ltd has been forced into liquidation with outstanding debts of $145 million.
Required
State, to the nearest whole dollar, the shareholder's liability.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.