Question
Avinash Ltd needs approves to raise capital through
rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is Rs. 220 and the company is offering one share of Rs. 160 each under rights issue, what is the value of the right offered by the company?Solution
Value of right = Market price – average value of each share including the rights share To calculate average value of share including rights Value of 2 existing shares = 2*220 = Rs.440 Value of each rights share = 1*160 = Rs.160 Value of 3 shares = 600 Average value of each share (including rights) = 600/3 = Rs.200 Thus, value of right = market value – average value = 220-200 = Rs.20
The founder of Sayyid Dynasty was
The Indus Valley Civilization script is:
Consider the following statements regarding iqta system:
1. Iqtas were administered by Muqtis.
2. Iqtas were made hereditary by Sultan Fir...
Consider the following statements about Ahar civilization-
I.The people of Ahad knew how to smelt copper.
II.These people were not familia...
Which among the following is correct with respect to the Harappan civilization?
1. Ploughing was known to the Harappan people.
2. Fortific...
The oldest evidence of agriculture has been found in the Indian subcontinent-
The remains of an ancient civilization from around 4000 BC were discovered in:
The Mongols under ___________ invaded Transoxiana in north-east Iran in 1219.
Consider the following statements about Rashtrakutas:
1. The posts of the village headmen and village accountant were generally hereditary
Where was the first Jain council convened?Â
