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SI = (P × R × T)/100 Amount, (A) = P + SI Let P be the principal. SI = 2P – P = P ⇒ P = (P × R × T)/100 ⇒ P = (P × R × 80)/100 ⇒ R = 100/80 = 1.25%
In the Balance Sheet, Corporate Dividend Tax will be shown as a liability under the heading -
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A Private Company may not issue securities
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The preference shares should be redeemed with in a period of
Which of the following statement is true?