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 ?
More Alternate Sources of Finance Questions
- According to the IRAC Norms, a loan where the borrower has defaulted on payment for over 12 months is classified as _________
- W hat is the maximum permissible bank finance (MPBF) that a bank may lend , a ccording to the Tandon Committee's recommendations ?
- Which of the following is not one of the things that a transactional leader practices ?
- Forward looking term rate recommended by US Alternate Rate Risk Committee, as replacement for LIBOR is ______
- Champion Ltd. define following data for calculating Current Ratio: Current Assets Rs.20,00,000 , Inventories Rs.10,00,000 , Working Capital Rs.12, 00,000.
- ABC Company supplies plastic crockery to fast food restaurants in metropolitan city. One of its products is a special bowl, disposable after initial use, f...
- An asset, which has remained NPA for a period less than or equal to 12 months is called:
- The managerial leadership style is better known as ___________
- Which of the following transactions /items will influence the trial balance agreement?
- People who score high in openness to experience are generally what?
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
