2000 9% Preference Shares of
100 each 2,00,000 50,000
Equity shares of 10 each, ' 8
per share paid up 4,00,000
Expected Profit 2,18,000 Tax
Rate 40% ,Transfer to general
reserve 20% ,Normal rate of
earning 15% Yield value per
share is
O 15
O 11.55
O 16
O 17.50
Answers
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8
Answer:
2000 9% Preference Shares of
100 each 2,00,000 50,000
Equity shares of 10 each, ' 8
per share paid up 4,00,000
Expected Profit 2,18,000 Tax
Rate 40% ,Transfer to general
reserve 20% ,Normal rate of
earning 15% Yield value per
share is
O 15
O 11.55
O 16
O 17.50
Explanation:
15
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