If a firm does not issue new shares , but the market price for its...
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Accounting
If a firm does not issue new shares , but the market price for its existing shares increases. When accounting do we increase the share premium and cash received ? (ie, suppose an ordinary share of 2 now increases its market price to 4 and it has 100 shares exisiting) the nee share premium is now (2x100) + old premium and it receives cash of (4x100) ?
the nee share premium is now (2x100) + old premium
and it receives cash of (4x100) ?
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