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A company has the following reserves:
- Share premium: $60,000
- Revaluation reserve: $75,000
- General reserve: $10,000
- Retained earnings: $21,500
What is the maximum number of $1 bonus shares the company can issue?
A bonus issue can be made from any reserve, including capital reserves (Share Premium, Revaluation) and revenue reserves (General, Retained). Total = $60,000 + $75,000 + $10,000 + $21,500 = $166,500.
Lenz's law is consistent with:
Lenz's law ensures energy conservation; induced current opposes change, so work must be done.
Speed of sound in ideal gas does NOT depend on:
For ideal gas, v = √(γRT/M). Pressure has no effect at constant temperature; moisture slightly affects density but the question says ideal gas: strictly, pressure independent.
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