Value added = sales revenue-cost of sales
Cost of sales should not include any wages or expenses like that. In text cost of sales contains only purchases and also sales revenue is given, so it is possible to calculate value added.
£110/no. of shares = £0.22
there are 110/0.22=500 ordinary shares.
a. To finance expansion or buying a new machinery.
b. To pay his debts or creditors.
c. To increase its working capital available.
d. To invest it to subsidiaries.
e. To make a research