If Mr. Pandey bought 200 shares of BOK stock at Rs 450 per share. He bought the stock on margin of 60 . The stock is now trading at Rs 600 per share and the brokerage firm has recently lowered initial?

If Mr. Pandey bought 200 shares of BOK stock at Rs 450 per share. He bought the stock on margin of 60 . The stock is now trading at Rs 600 per share and the brokerage firm has recently lowered initial?
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P and Q undertake to do a piece of job for Rs.1200. P alone can do it in 12 days while Q alone can do it in 16 days. With the help of R , they finish it in 6 days. Find the share of P,Q & R. a) 400,600,200 b) 200,400,600 c) 450,400,250 d) 600,450,150

Description :  P and Q undertake to do a piece of job for Rs.1200. P alone can do it in 12 days while Q alone can do it in 16 days. With the help of R , they finish it in 6 days. Find the share of P,Q & R. a) 400,600,200 b) 200,400,600 c) 450,400,250 d) 600,450,150

Last Answer : D R;s 1 day work = 1/6 – (1/12 + 1/16) =1/6 – 1/12 – 1/16 = (8-4-3)/48 = 1/48 P:Q:R = ratio of 1 day work = 1/12:1/16 : 1/48 =4:3:1 P’s share = Rs(1200*4/8) =Rs.600 Q’s share = Rs(1200 * 3/8) =Rs.450 R’s share = Rs(1200 * 1/8) =Rs.150

.In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit fees for more than one year. b. In which the CPA has a large active margin account. c. In which the CPA's brother is the controller. d. Which owes the CPA audit fees for services in the current year and has just filed a petition for bankruptcy

Description : .In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit ... owes the CPA audit fees for services in the current year and has just filed a petition for bankruptcy

Last Answer : Which owes the CPA audit fees for services in the current year and has just filed a petition for bankruptcy

In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit fees for more than one year. b. In which the CPA has a large active margin account. c. In which the CPA’s brother is the controller. d. Which owes the CPA audit fees for the current year services and jusfiled a petition for bankruptcyt

Description : In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit ... . Which owes the CPA audit fees for the current year services and just filed a petition for bankruptcy

Last Answer : Which owes the CPA audit fees for the current year services and justfiled a petition for bankruptcy

Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Description : Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Last Answer : a) value of share

A man invests Rs.13,200 in a company to by Rs.55 shares. The number of shares he bought is _______.

Description : A man invests Rs.13,200 in a company to by Rs.55 shares. The number of shares he bought is _______.

Last Answer : A man invests Rs.13,200 in a company to by Rs.55 shares. The number of shares he bought is _______.

Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of Goodwill at 3 years. purchase of super Profit is A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Last Answer : A

XYZ Ltd. issued 10,000 shares of Rs. 100 each at Rs. 120 per share with Rs. 25 on application, Rs. 45 on allotment including premium, Rs. 20 on first call and Rs. 30 on final call. Govind who held 200 shares did not pay any call money and his shares were forfeited. What is the amount to be credited to Share Forfeiture Account on forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000

Description : XYZ Ltd. issued 10,000 shares of Rs. 100 each at Rs. 120 per share with Rs. 25 on application, Rs. 45 on allotment including premium, Rs. 20 on first call and Rs. 30 on final call. Govind who held 200 shares did not pay ... forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000

Last Answer : Answer: Rs. 10,000

A company forfeited 30 equity shares of Rs. 10 each fully called-up, for non-payment of allotment money of Rs. 3 and call-money of Rs. 4 per share. If these shares are reissued at Rs. 8 per share fully paid, the amount transferable to capital reserve will be– (A) Rs. 300 (B) Rs. 60 (C) Rs. 90 (D) Rs. 30

Description : A company forfeited 30 equity shares of Rs. 10 each fully called-up, for non-payment of allotment money of Rs. 3 and call-money of Rs. 4 per share. If these shares are reissued at Rs. 8 per share fully paid, the amount ... to capital reserve will be- (A) Rs. 300 (B) Rs. 60 (C) Rs. 90 (D) Rs. 30

Last Answer : Answer: Rs. 30

Ramesh bought 30 Rs.200 shares of a company available at a - premium of Rs.25. Find the investment made by Ramesh, and also the rate of interest (retu

Description : Ramesh bought 30 Rs.200 shares of a company available at a - premium of Rs.25. Find the investment made by Ramesh, and also the rate of interest (retu

Last Answer : Ramesh bought 30 Rs.200 shares of a company available at a - premium of Rs.25. Find the investment ... the company pays a dividend of `8%` per annum.

Rs. 60,000 is invested in buying Rs. 120 shares of a company which are available at a premium of 25%. Find the number of shares bought and the annual

Description : Rs. 60,000 is invested in buying Rs. 120 shares of a company which are available at a premium of 25%. Find the number of shares bought and the annual

Last Answer : Rs. 60,000 is invested in buying Rs. 120 shares of a company which are available at a premium of ... dividend is paid at the rate of 10% per annum.

The ratio of the monthly salaries of A and B is in the ratio 15 : 16 and that of B and C is in the ratio 17 : 18. Find the monthly income of C if the total of their monthly salary is Rs 1,87,450. A) Rs 66,240 B) Rs 72,100 C) Rs 62,200 D) Rs 65,800 E) Rs 60,300

Description : The ratio of the monthly salaries of A and B is in the ratio 15 : 16 and that of B and C is in the ratio 17 : 18. Find the monthly income of C if the total of their monthly salary is Rs 1,87,450. A) Rs 66,240 B) Rs 72,100 C) Rs 62,200 D) Rs 65,800 E) Rs 60,300

Last Answer : Answer: A A/B = 15/16 and B/C = 17*18 So A : B : C = 15*17 : 16*17 : 16*18 = 255 : 272 : 288 So C’s salary = [288/(255+272+288)] * 1,87,450= Rs 66,240

Kavya bought 300, Rs. 50 shares paying a dividend of 8%. If she sold them when the price rose to Rs. 90 and invested the proceeds in 10%, Rs. 50 share

Description : Kavya bought 300, Rs. 50 shares paying a dividend of 8%. If she sold them when the price rose to Rs. 90 and invested the proceeds in 10%, Rs. 50 share

Last Answer : Kavya bought 300, Rs. 50 shares paying a dividend of 8%. If she sold them when the price rose to ... . 30, then find the change in her annual income.

A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.

Description : A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.

Last Answer : A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.

worker is allowed 60 hours to complete the job on a guaranteed wage of Rs. 10 per hour. Under the Rowan Plan, he gets an hourly wage of Rs. 12 per hour. For the same saving in time, how much he will get under the Halsey Plan? (a) Rs. 720 (b) Rs. 540 (c) Rs. 600 (d) Rs. 900

Description : worker is allowed 60 hours to complete the job on a guaranteed wage of Rs. 10 per hour. Under  the Rowan Plan, he gets an hourly wage of Rs. 12 per hour. For the same saving in time, how much he  will get under the Halsey Plan? (a) Rs. 720 (b) Rs. 540 (c) Rs. 600  (d) Rs. 900

Last Answer : (b) Rs. 540

Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A shares and 20 type B shares, then the difference between their f

Description : Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A shares and 20 type B shares, then the difference between their f

Last Answer : Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A ... , then the difference between their face value is _______.

Which is a better investment, (A) Rs. 60 shares at Rs. 75 paying a dividend of 10% or (B) Rs. 100 share at Rs. 120 paying a dividend of 12% ?

Description : Which is a better investment, (A) Rs. 60 shares at Rs. 75 paying a dividend of 10% or (B) Rs. 100 share at Rs. 120 paying a dividend of 12% ?

Last Answer : Which is a better investment, (A) Rs. 60 shares at Rs. 75 paying a dividend of 10% or (B) Rs. 100 share at Rs. 120 paying a dividend of 12% ?

The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40

Description : The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40

Last Answer : Answer: Rs. 20

Nivetha buys a tape recorder for Rs.450. His overhead expenses are Rs.30 she sells the tape recorder for Rs.600. The profit percent of nivetha is

Description : Nivetha buys a tape recorder for Rs.450. His overhead expenses are Rs.30 she sells the tape recorder for Rs.600. The profit percent of nivetha is

Last Answer : Cost price + profit = selling price Cost price = 450 + 30= 480 Profit=sp-cp =600-480 =120 Profit%= 120/480*100 X = 12000/480 X = 25 %.

Maximum root zone depth for Maize (a) 200-300 mm (b) 400-600 mm (c) 500-600 mm (d) 350- 450 mm

Description : Maximum root zone depth for Maize (a) 200-300 mm (b) 400-600 mm (c) 500-600 mm (d) 350- 450 mm

Last Answer : (b) 400-600 mm

What is the range of tempering temperature (°C) for most of the materials? (A) 75-100 (B) 200-300 (C) 350-450 (D) 500-600

Description : What is the range of tempering temperature (°C) for most of the materials? (A) 75-100 (B) 200-300 (C) 350-450 (D) 500-600

Last Answer : (B) 200-300

The rotavator blade is generally operated at a) 180-320 rpm b) 450-1000 rpm c) 200 – 600 rpm d) None of these Ans. a

Description : The rotavator blade is generally operated at a) 180-320 rpm b) 450-1000 rpm c) 200 – 600 rpm d) None of these Ans. a

Last Answer : ans a

A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

Description : A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

Last Answer : 4. Rs 60

The initial setting time for ordinary Portland cement as per IS specifications should not be less than (A) 10 minutes (B) 30 minutes (C) 60 minutes (D) 600 minutes

Description : The initial setting time for ordinary Portland cement as per IS specifications should not be less than (A) 10 minutes (B) 30 minutes (C) 60 minutes (D) 600 minutes

Last Answer : Answer: Option B

Randeep invests Rs. 25,200 in buying shares of face value of Rs. 40 each at 5% premium. The dividend on these shares is 10% per annum. Find the divide

Description : Randeep invests Rs. 25,200 in buying shares of face value of Rs. 40 each at 5% premium. The dividend on these shares is 10% per annum. Find the divide

Last Answer : Randeep invests Rs. 25,200 in buying shares of face value of Rs. 40 each at 5% premium. The dividend on these ... B. Rs. 2400 C. Rs. 4200 D. Rs. 3680

Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? a) The WACC may decrease as a firm's debt-equity ratio increases. b) In the computation of WACC, weight assigned to the preferred stock is based on the coupon rate multiplied by the par value of the stock. c) A firm's WACC will decrease as the corporate tax rate decreases. d) The weight of the common stock used in the computation of the WACC is based on the number of shares outstanding multiplied by the book value per share.

Description : Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? a) The WACC may decrease as a firm's debt-equity ratio increases. b) In the computation of ... of the WACC is based on the number of shares outstanding multiplied by the book value per share.

Last Answer : a) The WACC may decrease as a firm's debt-equity ratio increases.

What is a discount brokerage firm?

Description : What is a discount brokerage firm?

Last Answer : A discount brokerage firm will help you with different types of investments. They will help you match up your money with types of investments that best fit your financial goals.

How much should a man invest in 12%, Rs. 150 shares of a company available at a premium of Rs. 30, if the annual income earned is to be Rs. 3,600 ?

Description : How much should a man invest in 12%, Rs. 150 shares of a company available at a premium of Rs. 30, if the annual income earned is to be Rs. 3,600 ?

Last Answer : How much should a man invest in 12%, Rs. 150 shares of a company available at a premium of Rs. 30, if the annual income earned is to be Rs. 3,600 ?

Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001

Description : Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001

Last Answer : b)900

X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares, 8 shares were reissued to Ram as fully paid up on payment of Rs. 5•50 per share, the amount that will remain standing to the credit of Share Forfeited A/c will be– (A) Rs. 48 (B) Rs. 72 (C) Rs. 84 (D) Rs. 120

Description : X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares, 8 shares were reissued to Ram as fully paid up on payment of Rs. 5 50 per share, the amount that will remain standing ... Share Forfeited A/c will be- (A) Rs. 48 (B) Rs. 72 (C) Rs. 84 (D) Rs. 120

Last Answer : Answer: Rs. 120

X Limited forfeited Ram’s 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up for Rs. 6 per share. What amount should be transferred to Capital Reserve account ? (A) Rs. 15 (B) Rs. 20 (C) Rs. 75 (D) Rs. 100

Description : X Limited forfeited Ram's 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up ... to Capital Reserve account ? (A) Rs. 15 (B) Rs. 20 (C) Rs. 75 (D) Rs. 100

Last Answer : Answer: Rs. 15

X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many shares should X Ltd. issue to Maruti Udyog Ltd. for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares

Description : X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many ... . for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares

Last Answer : Answer: 28,000 shares

Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully paid. Average expected profit is Rs.8,500. Transfer to reserves is 10%. Pref. dividend is payable. NRR is 9%. The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20s

Description : Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully ... . The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20

Last Answer : Rs.10.70

XYZ company has 50 lakh shares outstanding and plans to raise Rs.20 lakh by offering 10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation? a) Rs.1.20 crore b) Rs.1 crore c) Rs.50 lakh d) Rs.2 crore

Description : XYZ company has 50 lakh shares outstanding and plans to raise Rs.20 lakh by offering 10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation? a) Rs.1.20 crore b) Rs.1 crore c) Rs.50 lakh d) Rs.2 crore

Last Answer : a) Rs.1.20 crore

How would the economy be affected if everyone holding stock neither bought nor sold shares for, say, a week?

Description : How would the economy be affected if everyone holding stock neither bought nor sold shares for, say, a week?

Last Answer : it would stay flat and sidewise. people would be going long term- then when it broke- there’d be lots of money to make

Which of the following characteristics most likely would heighten an auditor’s concern about the risk of intentional manipulation of financial statements? a. Turnover of senior accounting personnel is low. b. Insiders recently purchased additional shares of the entity’s stock. c. Management places substantial emphasis on meeting earnings projections. d. The rate of change in the entity’s industry is slow.

Description : Which of the following characteristics most likely would heighten an auditor's concern about the risk of intentional manipulation of financial statements? a. Turnover of senior accounting personnel is low. b ... meeting earnings projections. d. The rate of change in the entity's industry is slow.

Last Answer : Management places substantial emphasis on meeting earnings projections.

What is the main purpose of a broker's position in stock brokerage houses?

Description : What is the main purpose of a broker's position in stock brokerage houses?

Last Answer : A stockbroker buys and sells stock shares and securities on your behalf in exchange for a commission.

You are charged a ____ brokerage fee to issue stock and ____ brokerage fee to retire stock. a. 5%; 0% b. 5%; 1.5% c. 1.5%; 5% d. 0%; 5% e. 5%; 5%

Description : You are charged a ____ brokerage fee to issue stock and ____ brokerage fee to retire stock. a. 5%; 0% b. 5%; 1.5% c. 1.5%; 5% d. 0%; 5% e. 5%; 5%

Last Answer : b. 5%; 1.5%

Preethi bought 240 reams of brown sheet at Rs 200 per ream and the expenditure on transport Was Rs 960. she had to pay an octroi duty of 1Rs per ream and the labour charges were Rs 120. What should she charge per ream to gain 80%(in Rs)?

Description : Preethi bought 240 reams of brown sheet at Rs 200 per ream and the expenditure on transport Was Rs 960. she had to pay an octroi duty of 1Rs per ream and the labour charges were Rs 120. What should she charge per ream to gain 80%(in Rs)?

Last Answer : Total CP= Rs(240*200)=Rs. 48000 Total expenditure=(960+1*240+120)= Rs. 1320 totalCp= 48000+1320=Rs. 49320 gain= 80% sp of 240reams = 49320*180/100 = Rs.88776 Sp per ream= 88776/240= Rs 369.9

Ratan has Rs.2500 worth of shares. If he had 500 shares, the face value of each share is ______.

Description : Ratan has Rs.2500 worth of shares. If he had 500 shares, the face value of each share is ______.

Last Answer : Ratan has Rs.2500 worth of shares. If he had 500 shares, the face value of each share is ______.

Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find the market value of each share if he derives an annual inc

Description : Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find the market value of each share if he derives an annual inc

Last Answer : Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find ... investment, also find the number of shares he bought.

To pump water from a water reservoir 3 m deep and maximum water level at 135 m, a pump is installed to lift water up to R.L. 175 m at a constant rate of 36,00,000 litres per hour. If the length of the pipe is 1506 m and f = 0.01, ignoring other minor losses and assuming the economical diameter from Lea's formula D = 1.2 Q, the water horse power of the pump is (A) 400 (B) 450 (C) 500(D) 600

Description : To pump water from a water reservoir 3 m deep and maximum water level at 135 m, a pump is  installed to lift water up to R.L. 175 m at a constant rate of 36,00,000 litres per hour. If the length  of the ... the water horse power of the pump is  (A) 400  (B) 450  (C) 500 (D) 600

Last Answer : (D) 600

Mr. Xavier invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including dividend in the ratio of 6 : 7 in Debt and Equity Funds. If the amount reinvested in Equity Funds was Rs. 94,500/-, what was the original amount invested in Equity Funds? (a) Rs. 75,000/- (b) Rs. 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these

Description : Mr. Xavier invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including ... . 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these

Last Answer : (a) Rs. 75,000/-

A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Description : A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Last Answer : (C) 800

Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, 10% debentures of Rs. 100 each at par and 15,000 equity shares of Rs. 10 each. How much was the flow of funds in the above transaction ? (A) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Last Answer : Answer: Rs. 30,000

Mr. Sebastine, a famous author, recently got his new novel released. To his utter dismay, he found that for the 1974 pages on an average there were 3 mistakes in every page. While, in the first 1024 pages there were only 2122 mistakes, they seemed to increase for latter pages. Find the average number of mistakes per page for the remaining pages. A) 5 B) 2 C) 3 D) 4

Description : Mr. Sebastine, a famous author, recently got his new novel released. To his utter dismay, he found that for the 1974 pages on an average there were 3 mistakes in every page. While, in the first 1024 pages there ... the average number of mistakes per page for the remaining pages. A) 5 B) 2 C) 3 D) 4

Last Answer : D According to the question X is the remaining pages average. 2122+(1974-1024)×x/1974=3 950x=5922-2122=3800 X=3800/950=4

The average daily wages of 450 workers in a factory is Rs.45/- and the average daily wages of 340 workers in another factory is Rs.60/-.What is the approximate average daily wages of workers from both the factories together? a) Rs.61 b) Rs.59 c) Rs.70 d) Rs.51 e) Rs.60

Description : The average daily wages of 450 workers in a factory is Rs.45/- and the average daily wages of 340 workers in another factory is Rs.60/-.What is the approximate average daily wages of workers from both the factories together? a) Rs.61 b) Rs.59 c) Rs.70 d) Rs.51 e) Rs.60

Last Answer : Total wages of a factory =450 x 45= Rs. 20250/ Total wages of another factory = 340 x 60 = Rs. 20400 Total average = 20250 + 20400/450 + 340 = 40650/790 = 51.46 = Rs. 51 Answer: d)

Mangal Pandey shot the first bullet in 1857 revolt at.

Description : Mangal Pandey shot the first bullet in 1857 revolt at.

Last Answer : Bairakpur

Rs,33,000 is to be divided into two parts, such that the income from one part invested in Rs.200 shares at Rs.250 for `10%` dividend is the same as th

Description : Rs,33,000 is to be divided into two parts, such that the income from one part invested in Rs.200 shares at Rs.250 for `10%` dividend is the same as th

Last Answer : Rs,33,000 is to be divided into two parts, such that the income from one part invested in ... the amounts invested in the two kinds of sheares.

Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, so that the annual income earned is Rs.4800 from the inv

Description : Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, so that the annual income earned is Rs.4800 from the inv

Last Answer : Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, ... the investment if the dividend offered is `12%`.