Question
If a company issues bonus shares in the ratio of 3:5,
what would be the new number of equity shares held by a shareholder who owns 2,000 shares?Solution
Bonus shares in ratio 3:5 → for every 5 shares, 3 bonus shares = (2000 / 5) × 3 = 400 × 3 = 1,200 bonus shares New total = 2,000 + 1,200 = 3,200
A company reported net profit ratio of 5% and RoA of 9% on total assets of Rs.90 Lakh. What will be the Total Asset Turnover Ratio of the company?
ABC Ltd had issued 20,000 debentures with FV of Rs.100 each, redeemable at 5% premium. Debenture holders have an option to convert 20% of redemption val...
As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matte...
Which of the following actions can SEBI take to regulate capital markets and protect investors?
- Imposing restrictions on insider trading ...
What is the quorum required for a Board of Directors meeting according to Companies Act, 2013?
The government has recently announced that the minors can also subscribe to the NPS scheme. What is the name of the scheme of NPS for minors? Â
A company purchased 50,000 units of raw material at Rs.2 per unit. At what value will the raw material inventory be recorded in the books of accounts if...
Which among the following acts lays down the law relating to payment of a customer's cheque by a banker and the protection available to a banker?
What is the Current Ratio of JKL Ltd based on given information?
A company foreited certain equity shares. These were re-issued later in the year. The profit on Forfeiture of these shares would be transferred to whic...