Question
A prospectus used to raise capital from the public but
which does not specify the price or quantity of the public issue is known as _________Solution
A Red Herring Prospectus (RHP) is a preliminary document filed by a company with the SEBI (Securities and Exchange Board of India) who wishes to raise money through an IPO. The significance of Red Herring Prospectus is that it contains almost all basic information about the company for enabling the investors to take a decision about investing in the shares in the IPO. However, this document does not disclose details like the offer price, lot size or the issue date of the IPO.
Where to show Share application money received in excess of issued share capital?
In the proposed budget (2017-18), cash donation to a political party is maximum up to:
Who is considered a Beneficial Owner under RBI KYC norms?
An oil company constructs a drilling platform at a cost of ₹200 crore. It estimates a dismantling cost of ₹30 crore at the end of 25 years. The pres...
A company’s inventory turnover ratio is 8. If average inventory is ₹2,50,000, annual cost of goods sold is:
A provision differs from a contingent liability because provision:
The certainty equivalent is _______.
If a company uses LIFO inventory method in falling price environment (prices decreasing), then:
An investment of ₹10 lakh yields ₹4L, ₹3L, ₹2L, ₹1L over four years. What is the payback period?
Which of the following is a phase of the business cycle?
A. Expansion
B. Recession
C. Peak