Question
The portion of the uncalled capital, which can be called
only at the time of winding up of the company, is known as:Solution
Reserve Capital refers to the portion of the uncalled capital that can be called only at the time of winding up of the company. It is a special type of capital that is kept aside to be called upon only in the event of the company's liquidation. This provides an additional layer of protection to creditors and helps in the orderly winding up of the company.
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...
GB Ltd is preparing its Cash Flow Statement. Which of the following will be recorded under the investing activity?
Which of the following is likely to increase the trade receivables collection period?
Use Direct method to calculate the net cash from operations of the company given the following transactions?
Sales in the year: ₹6,50,000
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
If net income is ₹10 lakh and number of equity shares is 2 lakh, what is the EPS?
If share capital is ₹10 lakh, reserves ₹5 lakh, and accumulated losses ₹3 lakh, Deffered tax liabilities are ₹1 lakh, provision for gratuity is ...
Which of the following is not a source of funds for a company?
Which of the following is correct about the liquidity position of a company whose current ratio is 2.5, and quick ratio is only 0.9?
A company has a Debt-to-Equity ratio of 2:1. It purchases a new plant for ₹5,00,000, financing it entirely by taking a long-term loan. What will be th...