On 1 January 2011 XYZ Ltd Decided to Issue 100

question 23

Multiple Choice

On 1 January 2011 XYZ Ltd decided to issue 100 000 shares to the public,payable as follows:
50 cents initially on application
20 cents payable within one month of allotment
30 cents payable in calls due 30 September 2012
Assuming the issue was fully subscribed and all amounts due were received by 30 June 2011.The balance of the Share Capital account on that date was:

• A)$70 000
• B)$75 000
• C)$100 000
• D)$105 000

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Definitions:

Studentized Range Statistic

A statistical measure used in significance testing of the difference between the highest and the lowest means in a set, taking into account sample size.

Tukey's Multiple Comparison

A statistical method used to find which means among a set of means differ from the rest after conducting an ANOVA test.

Fisher's LSD

A statistical method used to compare means while controlling for familywise error rate in the context of an ANOVA.

Pooled Variance Estimator

An estimate of variance that combines the variances from two or more samples, assuming that they come from populations with the same variance.