Question
A company earns profit of Rs.175000 in the first year of
operations. It’s issued capital consists of 70,000 shares of Rs.10 each. If the market value of the share is Rs.13, what will be the book value per share?Solution
Book value = Shareholders funds/no of shares Shareholders funds = issued capital + Reserves and surplus = 70000*10 + 175000 = 875000 Book value per share = 875000/70000 = Rs.12.5
He is always praised for his gift of the gab.
Hang in there
Contain commonly used idioms and phrases in the English language. In each case, choose the option representing the correct meaning of each of ...
When two heavyweights have an argument, its best to sit on the fence and not make either of the turn against you.
Cool heels
- Read the sentence carefully and select the most suitable idiom to fill in the blank.
Despite all the warnings, he continued to take unnecessary ris... In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
- In each of the following questions, an idiomatic expression or a proverb has been given in bold . Choose the option that best expresses its meaning.
to chew the cud
Fill in the blanks with the correct idiom.
The new employee had no experience in the field, but he quickly adapted and showed that he was a ___...
