Question
Vidya Ltd invested its idle cash into equity shares of X
Ltd by buying 1,000 shares at ₹120 per share and paying Brokerage and taxes amount ing to ₹10,000. At year-end, the fair market value of the investment was ₹1,05,000. As per AS 13, what amount should be shown as the value of current investment in the balance sheet of Vidya Ltd ?Solution
Explanation:
As per AS 13, current investments are carried at lower of cost and fair value .
- Cost = (1,000 × ₹120) + ₹10,000 = ₹1,30,000
- Fair value = ₹1,05,000
Hence, value in books = ₹1,05,000 -
If a3 = 117 + b3 and a = 3 + b, then the value of a + b is:
The simple interest accrued on a sum at the rate of 10% p.a. for two years is Rs. 5,000.
Quantity I – What will be the compound interest on...
If 8x2 + y2 − 12x − 4xy + 9 = 0, then the value of (14x − 5y) is :
If 2y cos θ = x sin θ and 2x sec θ - y cosec θ = 3, then the value of x2+ 4y2 is
...If P = 7 + 4√3 and PQ = 1, then what is the value of 1/P2 + 1/Q2?
The total number of even factors of 25 × 33 × 52 is:
If x4 + 2x3 + ax2 + bx + 9 is a perfect square, where a and b are positive real numbers, then the value of a and b are
Which is the largest six digit number, which when divided by 12, 15, 20, 24 and 30, leaves the remainders 8, 11, 16, 20 and 26 respectively.
If a3 + 3a2 + 9a = 1, then what is the value of a3 + (3/a)?
If a + b2 + c2 = 16, x2 + y2 + z2 = 25 and ax + by + cz = 20, then the value of (a+b+c)/(x+y+z)