Description : A company is selling shares at Rs.120 each. Each has a par vlaue of Rs.100. The premium percentage is _______.
Last Answer : A company is selling shares at Rs.120 each. Each has a par vlaue of Rs.100. The premium percentage is _______.
Description : When shares of face value Rs.50 each are sold above par at Rs.10 premium, then the money required to buy 30 such shares it _______.
Last Answer : When shares of face value Rs.50 each are sold above par at Rs.10 premium, then the money required to buy 30 such shares it _______.
Description : If the investment made in buying 150 shares of a company at Rs. 6 above par is Rs.99,000, then find the face value of each share.
Last Answer : If the investment made in buying 150 shares of a company at Rs. 6 above par is Rs.99,000, then find the face value of each share.
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
Description : The liability of the shareholders of a public limited company is limited to the extent of– (A) Par value of the share (B) Paid up value of the shares (C) Market price of the shares (D) Intrinsic value of the shares
Last Answer : Answer: Paid up value of the shares
Description : Underwriting in terms of shares means 1. Agreeing to purchase shortfall of shares in a company in case of undersubscription 2. Selling shares at a discount 3. Purchasing property at less than market price 4. a and b 5. None of these
Last Answer : Agreeing to purchase shortfall of shares in a company in case of undersubscription
Description : The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%
Last Answer : a)56.25%
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.
Description : A company can forfeit shares if the– (A) shareholder fails to pay the amount of the call during the stipulated time (B) shareholder pays calls in advance (C) shareholder does not pay the application money (D) shares have been issued at par
Last Answer : Answer: shareholder fails to pay the amount of the call during the stipulated time
Description : The market value of `x`, Rs. 50 shares, at a discount of Rs. 10 is Rs. 4000, then `x=` _________.
Last Answer : The market value of `x`, Rs. 50 shares, at a discount of Rs. 10 is Rs. 4000, then `x=` _________. A. 10 B. 100 C. 50 D. 75
Description : A company has issued a 20-year bond at Rs. 1000 par value with a coupon rate of 10 per cent. The required rate of return on similar bonds is 12 per cent. What is the current value of the bond ? (A) Rs. 905•33 (B) Rs. 850•45 (C) Rs. 833•33 (D) Rs. 820•20
Last Answer : Answer: Rs. 905•33
Description : Is all shares issued in Ghana are shares of no par value?
Last Answer : Need answer
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.
Description : To issue shares on Par mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer
Last Answer : A. Issue on face value of shares
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
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
Description : BDL Ltd. is currently preparing its cash budget for the year to 31 March 2014. An extract from its sales budget for the same year shows the following sales values. Rs March 60,000 April 70,000 May 55,000 June 65,000 40% ... 2013 is (a) Rs 60,532 (b) Rs 61,120 (c) Rs 66,532 (d) Rs 86,620
Last Answer : (a) Rs 60,532
Description : Mukesh invests Rs.12,000 in a company to but Rs.100 shares, paying `10%` dividend. His income from the shares is _______.
Last Answer : Mukesh invests Rs.12,000 in a company to but Rs.100 shares, paying `10%` dividend. His income from the shares 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 _______.
Description : The authorized capital of a company is Rs.50,000 and the number of shares is 1000. If the paid-up capital is Rs.25,000, then the paid-up value of each
Last Answer : The authorized capital of a company is Rs.50,000 and the number of shares is 1000. If the paid-up ... the paid-up value of each share is Rs.______.
Description : The authorized capital of a company is Rs.150,000 and the number of shares is 500. What is the face value of each shares is 500. What is the face valu
Last Answer : The authorized capital of a company is Rs.150,000 and the number of shares is 500. What is the face ... then what is the paid-up value of each share?
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.
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
Description : Intrinsic value of each equity shares of the vendor company is Rs. 250 and that of the purchasing company is Rs. 400. The exchange ratio of shares on the basis of intrinsic value is - (A) 2:1 (B) 8:8 (C) 8:5 (D) None of the above
Last Answer : (C) 8:5
Description : Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend of 7%, while Sahil invested an equal amount in R
Last Answer : Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend ... 10 paying a dividend of 8%. Who earns more ?
Description : R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000
Last Answer : Answer: Rs. 4,00,000
Description : Which of the following is a better investment ? (A) 10%, Rs. 100 shares at Rs. 120. (B) 9%, Rs. 100 shares at Rs. 110.
Last Answer : Which of the following is a better investment ? (A) 10%, Rs. 100 shares at Rs. 120. (B) 9%, Rs. 100 ... B. B C. Both (A) and (B) D. Data insufficient
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% ?
Description : A certain sum of money is distributed among A, B and C in the ratio of ` 1/2 : 1/3 : 1/4` and B gets Rs. 120. Find the shares of A and C.
Last Answer : A certain sum of money is distributed among A, B and C in the ratio of ` 1/2 : 1/3 : 1/4` and B gets Rs. 120. Find the shares of A and C.
Description : A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs. 120 more, he would have gained 7.5%. In order to gain 12.5% after a 25% discount, the marked price should be: a) 1750 b) 1800 c) 1857.75 d) 1925 e) None of these
Last Answer : 120 = 10% of the CP (2.5% loss to 7.5% profit) Or CP = Rs. 1200 To gain 12.5%, SP = 1200 × 1.125 = Rs. 1350 Rs. 1350 = 25% discounted of Marked Price Or marked Price = 1350/0.75 = Rs. 1800 Answer: b)
Description : A company has 500 shares of face value Rs.50 in which Rs.30 is paid-up. The company collects Rs.12,000 as the second instalment. What is the paid-up v
Last Answer : A company has 500 shares of face value Rs.50 in which Rs.30 is paid-up. The company collects Rs.12, ... . What is the paid-up value of each share now?
Description : A company has shares of face value Rs.50 in which Rs.25 is paid-up and the paid-up capital is Rs.10,000. Then, the authorized capital is _________.
Last Answer : A company has shares of face value Rs.50 in which Rs.25 is paid-up and the paid-up capital is Rs.10,000. Then, the authorized capital is _________.
Description : Prasad invested Rs.4000 to buy type A shares of a company. He invested in the same company to buy Rs.4000 worth type B shares at face value. Market va
Last Answer : Prasad invested Rs.4000 to buy type A shares of a company. He invested in the same company to buy Rs.4000 worth ... the buy? A. 6 B. 24 C. 32 D. 40
Description : Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720
Last Answer : c)3360
Description : Harshika wants to purchase a mobile handset. The shopkeepers told her to pay 30% tax if she asked for the actual sale price (without tax) of the mobile and paid to the shopkeeper Rs. 16150. In the doing so, she managed to avoid ... tax)? 1. Rs. 5495 2. Rs. 5850 3. Rs. 5950 4. Rs. 5685 5. Rs. 5975
Last Answer : 3; SP = 100, SP (with tax) = 130 New SP = 100 - 5 = 95 Effective discount = 130 - 95 = 35 So, when SP of 95, discount = 35 And when SP of Rs. 16,150, discount = 35/95x16150 = Rs. 5950
Description : P and Q both are dealers of cars. The price of a car is Rs 56,000. P gives a discount of 10% on whole, while Q gives a discount of 12% on the first Rs 40,000 and 8% 0n the rest Rs 16000. What is the difference between their selling prices?
Last Answer : discount offer by by P= 10 % of 56000 = Rs. 5600 total discount offer by Q= 12% of 40,000+8% of 16000 =4800+1280=Rs. 6080 required difference= 6080-5600= Rs.480
Description : Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%.
Last Answer : Mp=15000==>Sp= 15000*0.52= 7800. Loss of 10% is there==>Cp= 7800/ 0.90= RS.8666.66 Profit of 30% = 6000*1.15=11266.66 Discount should be Rs2600 Discount % should be {2600/15000}*100 =17.3%
Description : By selling a mobile at 52% discount, a seller incurs a loss of 8%. The marked price of the product is 18000 Rs. At what percent discount the seller should sell the mobile so as to have a profit of 33%.
Last Answer : Since, Marked Price = 18000 Therefore, Selling Price = 18000*0.48 = 8640 Loss of 8% is there Therefore, Cost price = 8640/0.92 = 9391.30Rs To have profit of 33% The Selling Price should be = 9391. ... should be 18000 - 12490.42 = 5509.58Rs Discount% should be [5509.58/18000]*100 = 30.60 ≈ 31%.
Description : A shopkeeper announced 35% discount on an item. A customer bought the item from the shop for Rs. 21000 after getting discount. That person sells the item to another person in such a way that he earned a profit of 32% on the original price. What is the selling price for the another person?
Last Answer : Let original price=x X*65/100=21000 X=21000*100/65=32307.6Rs. SP=32307.6*132/100=Rs.42646.15
Description : Face value and market value of a share are Rs.100 and Rs.120 respectively, and the rate of return is `10%`. Then, dividend is _______ (in %).
Last Answer : Face value and market value of a share are Rs.100 and Rs.120 respectively, and the rate of return is `10%`. Then, dividend is _______ (in %).
Description : Ranvir gets `8%` per annum, on his investment made in buying Rs.80 shares of a company for Rs.100 each. What is the rate of dividend, and what is his
Last Answer : Ranvir gets `8%` per annum, on his investment made in buying Rs.80 shares of a company for ... his annual dividend if he purcheses 500 such shares?
Description : A company has 5 lakh shares of Rs. 15 each. The capital of the company is _________.
Last Answer : A company has 5 lakh shares of Rs. 15 each. The capital of the company is _________.
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
Description : Net Assets of D.Co. for Purchase Consideration worth Rs. 4,00,000. At the time of absorption, the company has paid 32,000 equity shares each of Rs.10 each at 10% premium, then remaining cash will be - (A) Rs. 48,000 (B) Rs. 84,000 (C) Rs. 80,000 (D) Rs. 90,000
Last Answer : (A) Rs. 48,000
Description : The profit percentage of banu and renu is same on selling the articles at Rs 900 each but banu calculates his profit in the selling price while renu calculates it correctly on the cost price which is equal to 10%. What is the difference in their profits?
Last Answer : when profit calculate on SP the profit = 10% of 900 = 90 when profit calculate on CP(x) = x+X/10 = 900 11X=9000 X=818.18 profit= 81.82 required diffference= 90-81.82 = Rs 8.18
Description : If a book is sold at 20% more than its usual price, an extra profit of Rs.120 would be made on it. find its usual selling price. a)Rs.500 b)Rs.600 c)Rs.750 d)Rs.800
Last Answer : b)Rs.600
Description : A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000
Last Answer : 5,40,000
Description : Helen went to a mall and then she bought earings at Rs 120 per dozen. The selling price of hundred earings so as to gain 30% will be(in Rs)?
Last Answer : 12 earings cost= 120per dozen 1 earing cost= 120/12 = Rs. 10 sp CP of 100 earings = 100* 10 = Rs 1000 so SP= Rs x from question, SP-CP/CP* 100 =profit % (x-1000)/1000*100= 30 300=x-1000 x=Rs1300
Description : A company has to choose between two projects whose cash flows are as indicated below; Project 1: i. Investment - Rs. 15 Lakhs ii. Annual cost savings - Rs. 4 lakhs. iii. Bi-annual ... years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12
Last Answer : Year Project 1 Project 2 Outgo Saving NPV Outgo Saving NPV 0 15.0 0 =-15.0 14.0 0 = -14 1 0 4.0 = (4 / (1+.12)1 = 3.571 0.2 3.5 = (3.3 / (1+.12)1 = 2.95 2 0.5 4.0 = (3.5 / (1+.12)2 = 2.79 0.2 3.5 ... (1+.12)8 = 3.43 0.2 5.5 (3.5+2) = (5.3 / (1+.12)8 = 2.14 NPV = + 2.301 @12% = + 0.15
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