Question
A company has issued 1 million shares of Rs. 10 each. They are trading in the market at Rs. 12. Reserves of the company are Rs. 4 million. The company also has not written off miscellaneous expenditure of Rs. 3 million. What is the company’s net worth?
More Accounts Questions
- The Debt-to-Equity (D/E) ratio is an important measure in finance. What does it indicate?
- A provision differs from a contingent liability because provision:
- The form of Annual Financial Statement and Demand for Grants shall be laid down to Parliament by whom?
- What should be the composition of the Audit Committee as laid down under the Companies Act?
- Which transaction results in flow of funds?
- Which of the following is true about the statements issued by the Institute of Chartered Accountants of India (ICAI)?
- A company produces a single product with the following cost structure: • Selling price per unit: ₹500 • Variable cost per unit: ₹300 • Fixed costs per m...
- Which of the following are key components of a Total Quality Management system?
- A software company provides license + 2 years of updates and support. How should revenue be recognised?
- Under section 194D of the Income Tax Act, 1961, what is the rate of Tax Deducted at Source (TDS) on insurance commission, if the payee is a domestic compan...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)