Question

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​

Answer 1

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