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In a survey of 250 persons it was found that 87 subscribed to The NYT, 61 subscribed to The TOI and 21 subscribed to The Guardian. A total of 36 subscribed to at least two of these newspaper and 13 subscribed to all three. How many persons did not subscribe to any of the three?
Which of the following distinction(s) is/are not correct between public issue and rights issue? (A) In public issue, applications for shares are invited from the general public and in rights issue, the shares are offered to existing shareholders. (B) In public issue there is no question of any over-subscription and in rights issue the shares may be under subscribed or over subscribed leading to prorata allotment. (C) The price of public issue is generally less than the market price and in rights issue, the price is deliberately made less than the market price. (D) In a public issue, the communication of the issue is through prospectus or advertisements and in a rights issue the communication is between the company and the existing members of the company. Choose the most appropriate answer from the options given below:
The face value of a company share is Rs. 1000 per share. The company issued it at Rs. 150 per share. Mareket price of these shares is Rs. 200 per share at present. company declaired 20% dividend on these share. The amount of dividend per share will be
A company issued 1,00,000 equity shares of the face value of Rs. 100 each at Rs. 100 per share. So far Rs. 75 per share has been called up including Rs. 25 on allotment and Rs. 25 on first call. X to whom 200 shares were issued failed to pay the first call. His shares were forfeited and re-issued to Y at Rs. 70 per share as fully paid-up. The amount to be transferred to Capital Reserve a/c would be:
P, Q and R together invested Rs. 50,000 for a business. P subscribed Rs. 4,000 more than Q while Q subscribed Rs. 5,000 more than R. What will be P's share if the total profit is Rs. 25,000 at the end of the year?
Which of the following statements are true in context of a company under Company Act, 2013?
1. It is compulsory for every company to have its own Article of Association.
2. A public company having share capital can start business right from the date of its incorporation.
3. A private company having share capital can start business right from the date of its incorporation.
The line chart given below shows the percentage of net profit of company P and company Q from 2014 to 2018. Net Profit % = \(\frac{({Income}-{Expenditure})}{Expenditure}\times 100\) Which of the following statement(s) is/are correct? I. If the income of company P in the year 2016 was Rs. 7250, then expenditure of the company in that year was Rs.45500. II. If in 2016 the ratio of expenditure of company P to the expenditure of company Q is 4 ∶ 5, then the ratio of income of company P to the income of company Q is 16 ∶ 15.
A company forfeited 30 share of Rs. 10 each for non-payment of allotment Rs. 3 share and call money Rs. 4 per share. The company re issued these shares as fully paid-up shares at the rate of Rs. 8 per share. Amount transferred to capital reserve will be
Which of the following statements are false ? Indicate the correct code. (a) Share capital issued by a company for the first time is known as venture capital. (b) All Venture Capital Funds in India are promoted by the Government. (c) In addition to capital, venture capitalists provide managerial and technical support also to the assisted firms. (d) Benefits from venture capital financing can be realised in long run only.
Arrange the following steps of 'adjustment of old partners' capital on the basis of incoming partner's capital in a correct order.
1. Ascertain the present capital of the old partners.
2. Calculation of total capital of firm on the basis of new partner's capital.
3. Finding the surplus/deficit capital.
4. Determining the new capital of each partner.
Select the correct answer: